Making Tax Digital (MTD)

Making Tax Digital (MTD) is the government’s initiative to implement a fully digital tax system in the UK, where taxpayers keep digital records and use MTD-compatible software or ‘bridges’ to make tax submissions electronically.

The tax calendar will change with a new requirement to submit quarterly income/expense updates directly to HMRC, with a final Annual Declaration sent electronically, replacing the current annual Self Assessment Tax Return.

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MTD Delay

The Government has now confirmed that MTD will be delayed again until 2026 at the earliest. As such, we’ve removed the content from this page whilst we wait for further updates from HMRC in regards to the new introduction of this scheme