Making Tax Digital (MTD)

When does MTD start?

Key facts: MTD for VAT started for the first VAT return that any business does for the first period starting on or ...


Key facts:

MTD for VAT started for the first VAT return that any business does for the first period starting on or after 1st April 2018.

Fuller explanation:

Other phases of MTD are coming in as follows: April 2022, MTD will cover all businesses that pay VAT (that weren't included in the first VAT deadline); Income Tax for Self Assessment (businesses with Sales over £10,000 per annum) arrives April 2023 and Corporation Tax for all companies comes in April 2026.

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