Making Tax Digital (MTD)

Helping you stay compliant, and make it work for your business

Making Tax Digital is being introduced by HM Revenue & Customs to change how businesses and individuals report their tax. For many, this means a move away from annual tax returns to more regular digital reporting.

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What is Making Tax Digital?

Making Tax Digital requires:

• Digital record keeping
• Use of compatible software
• Regular submissions to HMRC during the year
• A final declaration to confirm your position

This applies to:

• Self-employed individuals
• Landlords
• and, over time, other types of taxpayers

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What This Means in Practice

For many businesses, this represents a significant change.

It can involve:

• changing how records are kept
• increasing the frequency of reporting
• ensuring accuracy throughout the year
  

Without the right systems in place, this can create additional work and risk.

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How We Support You

We provide MTD support as part of our wider services, not as a standalone compliance exercise.

This means:

• ensuring your records are suitable for digital reporting
• preparing and submitting updates where required
• reviewing your position during the year
• helping you stay compliant with HMRC requirements

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More Than Just Submissions

While MTD introduces more frequent reporting, it also creates an opportunity.

With the right approach, this can be used to:

• improve visibility
• understand your position during the year
• make better decisions

We help clients take advantage of this, rather than simply treating it as an additional compliance burden.

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How This Fits With our Services

MTD is typically delivered as part of:

Accounting & Tax Support
Where we manage compliance and reporting

Outsourced Finance Department
Where we maintain your records and handle submissions

This ensures everything works together, rather than being handled in isolation.