Making Tax Digital
Will Making Tax Digital actually help your business?
Will it make you more efficient? Will it help with your accounting and reporting?
Reach out to us
We’re here to help at the end of the day. Let’s find out what we can do to make your life that little bit smoother.
Making Tax Digital, the history, in brief
Making Tax Digital (MTD) is a UK government initiative launched to modernise the tax system by replacing paper-based processes with digital record-keeping and reporting.
Its goal is to reduce errors, improve efficiency, and make tax compliance easier for individuals and businesses).
Making Tax Digital, where are we now?
MTD is still evolving. HMRC continues to refine the system based on feedback, aiming for a seamless, integrated digital tax experience. The long-term vision is a fully automated tax system that reduces the burden on taxpayers and improves compliance.
Key Filing Dates for MTD for Income Tax
|
Date |
Action Required |
|
31 January 2026 |
Submit Self-Assessment tax return for 2024–25 |
|
06 April 2026 |
Begin using MTD-compatible software to keep digital records |
|
07 August 2026 |
Submit first quarterly update |
|
07 November 2026 |
Submit second quarterly update |
|
31 January 2027 |
Submit Self-Assessment tax return for 2025–26 in the usual way |
|
07 February 2027 |
Submit third quarterly update |
|
07 May 2027 |
Submit fourth quarterly update |
|
07 August 2027 |
Submit first quarterly update for 2027–28 |
|
07 November 2027 |
Submit second quarterly update |
|
31 January 2028 |
Submit 2026–27 tax return directly via MTD software |
|
07 February 2028 |
Submit third quarterly update |
|
07 May 2028 |
Submit fourth quarterly update |
