Compliance

Making Tax Digital

Making Tax Digital is HMRC's move towards digital records and software-based submissions. It affects how records are kept, not just how returns are filed.

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Quick answer

What are the key takeaways?

Making Tax Digital requires digital record-keeping and compatible software for affected taxes.

Key takeaways

  • Making Tax Digital requires digital record-keeping and compatible software for affected taxes.

  • MTD is not just a filing button; records need to be kept digitally throughout the period.

  • The rules and rollout dates can change, so check HMRC and gov.uk for current requirements.

  • Countify helps clients choose workflows that make digital records accurate and usable.

What is Making Tax Digital?

Making Tax Digital is an HMRC programme that requires certain taxpayers and businesses to keep digital records and submit information using compatible software.

The aim is to reduce errors and make tax reporting more connected to real records rather than manual retyping at the filing deadline.

Who needs to think about MTD?

VAT-registered businesses already need to consider MTD for VAT. Income Tax MTD is being introduced in stages, with eligibility depending on current HMRC rules.

Because the rollout depends on tax type and circumstances, check gov.uk for current requirements before assuming you are outside the rules.

What counts as good digital record-keeping?

Good digital records are complete, categorised, supported by evidence and kept up to date. Software should make the figures easier to review, not hide problems until the deadline.

Bank feeds, invoice tools and receipt capture can help, but they still need review to make sure entries are correctly treated for tax.

How can Countify help with Making Tax Digital?

Countify can review whether MTD applies, help set up compatible software, organise bookkeeping categories and submit returns through an appropriate digital workflow.

We focus on making the records useful for decisions as well as compliant for HMRC.

Questions

What do people ask about making tax digital?

These answers cover the practical points clients commonly raise before asking Countify to review their own position.

Ask a different question

Spreadsheets may be possible in some workflows, but MTD rules require compatible digital links and software-based submission. Check current HMRC guidance.

No. MTD applies to VAT and is being extended to other areas in stages, subject to current HMRC rules.

Yes. Countify can help choose, set up and maintain an MTD-friendly record-keeping workflow.

Related reading

Where can you read more UK tax updates?

Countify's blog covers practical updates for individuals, landlords and business owners.

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