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Making Tax Digital

HMRC reveals future plans for Making Tax Digital

MTD for income tax set to be implemented from 2023.

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Second phase of MTD for VAT delayed until 2021

Coronavirus pandemic delays stringent new rules coming in.

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Second phase of MTD for VAT delayed

HMRC defers rollout of more stringent rules until 1 April 2021.

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Most businesses are failing to benefit from MTD for VAT

Firms report extra costs and obligations since 1 April 2019.

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HMRC approves first MTD for income tax software

Five products get the thumbs up, three more in development.

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HMRC reveals MTD for VAT milestones

Over 80% of VAT-registered firms have signed up.

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First quarterly MTD for VAT deadline

Around 121,000 businesses fell at the first hurdle.

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