Are you ready for Making Tax Digital? Discover how to prepare for the new era of digital tax
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Make sure you're prepared as HMRC starts rolling out its strategy for a digital tax system.
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Who does it apply to and when will the changes be happening? Find out the basics of what we know so far about HMRC's digital strategy.
Get all the key facts about HMRC's digital tax strategy that every small business owner and self-employed person should know.
Discover who HMRC has confirmed will be exempt from digital tax obligations.
Find out what small businesses and freelancers really think about Making Tax Digital in the results of our survey.
In the near future HMRC plans to "collect and process information affecting tax in as close to real-time as possible". Find out how real-time tax reporting will actually work in this quick guide.
News from HMRC on when Making Tax Digital will begin for businesses with an accounting year doesn't match the tax year.
Find out what Making Tax Digital announcements were made in this year's Budget.
Emily Coltman FCA, looks ahead to this year's Budget to predict what might be in store for Making Tax Digital.
HMRC responds to comments from taxpayers following the publication of its consultation for Making Tax Digital last August.
HMRC has published consultation documents setting out how it sees Making Tax Digital working and inviting comments from small business owners. Here's a summary of key takeaways from our chief accountant, Emily Coltman FCA.
Emily Coltman FCA, chief accountant to FreeAgent, gives a brief overview of what Making Tax Digital is, what's happening next and how you can keep up-to-date with progress.
Ed Molyneux, Founder and CEO of FreeAgent, discusses what MTD means for small businesses and their accountants.
More from HMRC
The latest guides from HMRC including its Making Tax Digital roadmap, case studies and MTD myth buster.
The consultation period ended in November 2016, but you can still read about the various considerations of HMRC's digital tax strategy.
Watch a recording of HMRC's introduction to Making Tax Digital webinar including an overview of all the consultations around specific elements of the Making Tax Digital reforms.
January – June 2017
Pilot of roll-out starts in April.
July – December 2017
Digital tax accounts show taxpayers an overview of their tax liabilities in one place.
July – December 2018
Businesses, self-employed people and landlords with turnover above the VAT threshold start updating HMRC quarterly for Income Tax and National Insurance obligations through accounting software.
Businesses, self-employed people and landlords with turnover between the minimum MTD threshold of £10,000 and the VAT threshold start updating HMRC quarterly for Income Tax and National Insurance obligations through accounting software.
MTD starts for VAT figures and returns.
Most businesses, self-employed people and landlords can start updating HMRC quarterly for Corporation Tax obligations through their accounting software.
The full range of HMRC services are available through digital tax accounts.
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