MTD Explained
Making Tax Digital, explained simply
Understand what Making Tax Digital means, who it affects, and how Simply MTD gives small businesses and landlords a free, simple way to start keeping digital records for MTD.
1
Self-employed individuals
Sole traders and freelancers may need to follow MTD for Income Tax.
2
Landlords
Property income can bring individuals within MTD for Income Tax.
3
VAT-registered businesses
Must keep digital records and use compatible VAT software
4
Accountants and agents
Agents need tools to help clients record, review and submit online.
What is MTD?
MTD is HMRC's move to digital record keeping and tax reporting
Keep business and tax records digitally using compatible software
Submit required tax information to HMRC online
Reduce manual records, paper processes and last-minute admin
Stay organised throughout the year with clearer financial records
Who is affected?
Built for non-accountants
Simple bookkeeping without needing to learn accounting jargon.
Helpful automation
Save time with automation while staying in control.
Records that make sense
Keep information organised in a way that is easy to review..
Built around you
MTD does not need to feel complicated
Follow clear steps for records, reviews and submissions
See what is complete and what still needs attention
Review your figures before anything is submitted
Use simple tools without a steep learning curve
Pricing
Straightforward pricing with no hidden costs
80% off for 6 months
Cancel at any time
Making Tax Digital-compatible
Frequently Asked Questions
What is Making Tax Digital?
Making Tax Digital is HMRC’s system for keeping tax records digitally and sending tax information online using compatible software.
Who does Making Tax Digital apply to?
What is MTD-compatible software?
What is MTD for Income Tax?
When does MTD for Income Tax start?
What is qualifying income for MTD for Income Tax?
Do landlords and sole traders need to follow MTD?
Do I have to pay tax every quarter under MTD?
Do quarterly updates replace the year-end tax return?
Is Making Tax Digital already required for VAT?
When did MTD for VAT start?
Does Simply MTD help with Making Tax Digital?