Making tax digital
Making Tax Digital (MTD) is a major update to how taxes are managed in the UK. It changes the way businesses and individuals keep their financial records and submit information to HMRC.
MTD timelines
MTD for VAT
April 2022
All VAT-registered businesses must keep digital records and submit VAT returns using MTD-compatible software.
MTD for Income Tax £50,000+
April 2026
Sole traders and landlords earning over £50,000 need to follow MTD for Income Tax rules.
MTD for Income Tax £30,000+
April 2027
Sole traders and landlords earning over £30,000 will be required to comply with MTD for Income Tax.
MTD for Income Tax £20,000+
April 2028
Sole traders and landlords earning over £20,000 will need to move to MTD for Income Tax.
Stay ready with Keptd
MTD keptd simple. Automatically tracking your finances, generating tax-ready reports, and ensuring you stay compliant with every HMRC update.
Reduced errors
Digital record keeping reduces manual errors and ensures accurate tax calculations.
Time savings
Automated processes save time on tax preparation and submission.
Better insights
Real-time financial data provides better insights for business decisions.
