‘Making Tax Digital’ (MTD) was introduced by the UK Government designed to digitise tax administration, particularly with regard to Income Tax and VAT – and there are multiple steps that businesses must follow to ensure compliance.
Get in touch
Improve your accuracy – Errors are common when it comes to collating MTD returns, particularly among businesses that don’t have a fully digitised system in place.
Tax compliance is a highly specialist area, and it takes a lot of time and effort to get it right without having high level expertise on hand.
We will make sure you never miss a MTD deadline and always remain compliant.
The majority of businesses we support with MTD find that they simply don’t have time to manage their tax obligations to a high degree of accuracy.
Partnering with Gerald Edelman means you never have to worry about digitising your records, reporting errors, managing paperwork or submitting returns to HMRC.
We’d be happy to arrange a consultation with one of the team – simply fill in the enquiry form or call us on the number below.
Call us
Submit
It used to be that MTD applied only to businesses over the VAT threshold of £85,000. However, as of April 2022, all VAT-registered businesses must comply with MTD rules regardless of their taxable turnover. That means the rules apply to thousands of businesses that were previously considered exempt – is yours one of them?
HMRC has also confirmed plans to expand the scope of the scheme and will introduce Making Tax Digital for Income Tax Self-Assessment (ITSA) which has now been delayed and will come into force from April 2026. The requirements will apply to any sole trader or landlord with a gross income over £50,000. For those with an income between £30,000 and £50,000, MTD regulations will apply from April 2027. The deadline requirement for partnerships still remains 6 April 2025.
Get in touch via the ‘Contact’ button above to discuss your situation with one of our expert MTD accountants, or discover more about the services we offer below.
Making Tax Digital already applies to VAT-registered businesses and is being extended to certain sole traders and landlords under MTD for Income Tax. The exact requirements depend on your circumstances and income levels. We can help determine whether the rules apply to you and what steps you need to take.
Under Making Tax Digital, taxpayers will need to maintain digital records and submit regular updates to HMRC using compatible software. These quarterly submissions are designed to provide HMRC with a summary of income and expenses throughout the year.
An end-of-year submission will still be required to finalise the tax position and make any necessary accounting or tax adjustments.
Reporting requirements can vary depending on your circumstances, particularly where multiple businesses or properties are involved. Our advisers can help ensure your records, software and reporting processes remain fully compliant.
Contact us
Here we share topical news, updates, and inspirational blogs.
04 August 2026
Making Tax Digital (MTD), Property Tax, Tax Advisory
By Simone Lyons
02 June 2025
Making Tax Digital (MTD), Tax Advisory
By Amal Shah
28 June 2023
Making Tax Digital (MTD)
25 October 2021
VAT Specialists
Tax Advisory
Business Advisory
