Making Tax Digital - FreeAgent has you covered
Our award-winning online accounting software for small business owners and freelancers is ready for Making Tax Digital for VAT.
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What is Making Tax Digital?
The government’s Making Tax Digital (MTD) initiative means that UK businesses will need to store digital records and submit updates to HMRC using recognised accounting software.
MTD for VAT is already here! All businesses with VATable sales above the VAT threshold (currently £85,000) are now required by law to store financial records digitally and submit VAT returns from MTD-compatible accounting software.
Making Tax Digital for VAT in 60 seconds
Get to grips with MTD for VAT in this short video from FreeAgent’s chief accountant, Emily Coltman.
When's it happening?
Check the timetable to find out when Making Tax Digital will affect you.
October 2018
MTD for VAT pilot begins.
April 2019
MTD for VAT becomes mandatory for businesses over the VAT threshold (£85k).
2021 onwards
HMRC looks to widen the scope of MTD.
FreeAgent's been submitting VAT digitally since 2010
Digital VAT may feel like a big change, but FreeAgent is ready. In fact, we’ve been submitting digital VAT returns to HMRC on behalf of our customers for the last eight years!!
We are proudly participating in the MTD pilot programme and our software is on HMRC’s list of compatible suppliers for MTD for VAT.
MTD for small businesses
MTD for VAT penalties
Find out what penalties you might face if you fail to comply with the new MTD for VAT legislation.
5 things you need to know about Making Tax Digital for Business
The key facts about MTD that every small business owner should know.
Making Tax Digital: what does it mean for you?
Read our MTD whitepaper for an overview of the initiative and how it will affect your business.
Are you exempt from Making Tax Digital?
Find out who will be exempt from digital tax obligations.
Mistaking Tax Digital: MTD myths busted
Sort fact from fiction with this mythbusting guide to MTD.
MTD on the FreeAgent blog
Follow the latest Making Tax Digital news on our blog.
MTD for accountants
Free MTD consultation
Take a free, 30‑minute consultation with an MTD expert.
MTD Express pack
Everything you need to get your clients sorted for MTD for VAT in double-quick time.
Making Tax Digital for VAT Q&A
All your questions answered, even the difficult ones!
Guide your clients through Making Tax Digital
Introduce your small business clients to MTD with this free handout.
Prepare your practice for MTD for VAT
Find out how to make the most of the opportunity presented by the new legislation.
Simon Hanmer
Signed up for @freeagent a month or so ago - business-wise, once of the best decisions I made. The time saved on VAT returns alone probably pays for it. #frictionlessAccounts
5:19 AM - 25 Jul 2018
Minal Patel - Marketing by Minal
Something I could not imagine running my business without now is @freeagent. Oh my, what a godsend! It's made invoicing and everything else finance related so easy. #smallbizresources #MinalsTips
5:15 AM - 7 Jun 2018
Dr Penny Pullan
Phew! Finished the quarter's accounts and VAT. Thanks @freeagent for making it much easier than with spreadsheets!
10:18 AM - 9 Aug 2017
