Making Tax Digital

Making Tax Digital (“MTD”) is the most fundamental change to the administration of the UK tax system since the introduction of self-assessment. As implementation of the project is rolled out and the legislation is developed and enacted, the Institute will support its members. These pages will be updated with news, developments and resources to help you get ready for this fundamental change. MTD commences with VAT from April 2019. The project is expected to be rolled out to other taxes, starting with income tax.

Latest news

Tax UK

The latest MTD agent update is now available.

Apr 12, 2021
Tax UK

HMRC’s latest schedule of webinars is now available for booking with upcoming webinars focused on the off-payroll working rules. These webinars are designed to provide information, guidance and tips on tax issues. Spaces are limited, so take a look now and save your place. If you have any questions, please send them to team.agentengagement@hmrc.gov.uk prior to the webinar, including the title of the webinar in the ‘Subject’ line of your email. HMRC will answer as many as possible on the day. Off-payroll working rules from April 2021: Status Determinations and Disagreements: choose a date and time This webinar explains what Status Determination Statements (SDS) are, the off-payroll working rules, and how to deal with disagreements following the status determination. Off-payroll working rules from April 2021: Contractors: choose a date and time This webinar gives an overview of the changes to the off-payroll working rules which come into effect on 6 April‌‌‌ ‌2021. It is specifically designed to help contractors understand what these changes will mean for them. Off-payroll working rules from April 2021: choose a date and time This webinar gives an update on changes to the off-payroll working rules (IR35) from April 2021 for the public sector and medium and large sized organisations. Off-payroll working rules 2021: international matters: choose a date and time This webinar explains how the off-payroll working rules interact with international and overseas issues. Off-Payroll Working Rules from April 2021: Engagement: choose a date and time This webinar looks at different types of engagements and explains when the off-payroll working rules apply and whose responsibility it is to consider them. Off-payroll working rules from April 2021: Fee-payer responsibilities: choose a date and time This webinar looks at fee-payers responsibilities under the off-payroll working rules including: who fee-payers are and their responsibilities; qualifying persons; deemed employers; and  how to work out the deemed direct payment. Making Tax Digital – digital links: choose a date and time Making Tax Digital businesses need to have digital links in place for their first VAT return period starting on or after 1‌‌‌ ‌April 2021. Sign up for one of HMRC’s webinars where digital links will be fully explained and you can learn how to meet the appropriate requirements.

Apr 12, 2021
Tax UK

Read the latest on Making Tax Digital in the most recent update from HMRC for February 2021.

Mar 22, 2021