Making Tax Digital

Making Tax Digital (MTD) represents the shift from paper-based to online tax reporting for millions of UK businesses.  From April 2022, all VAT-registered businesses are now liable to comply with MTD rules around digital record keeping and digital submissions. The next change comes into effect for self-employed professionals and property owners earning above £10,000 from April 2024. This SmallBusiness.co.uk hub, in partnership with Sage, will help UK small businesses understand MTD, ensure compliance and explain how an accounting software partner can help with this new way of working.