Your Guide to MTD Compliance

Get to know Making Tax Digital plan better with our free guide: from full MTD timeline to the software which suits your business best.

What’s inside

What does this MTD compliance guide cover for UK businesses?
The guide explains the Making Tax Digital (MTD) timeline, requirements, suitable software options, VAT filing obligations, and how accountants can support compliance. It is designed for tech startups, IT companies, telecom businesses, ecommerce ventures, and freelancers.
How does MTD affect UK businesses?
MTD requires VAT-registered businesses to maintain digital records and submit VAT returns digitally. This affects bookkeeping, invoicing, and reporting systems for startups, freelancers, and SMEs.
What software do businesses need to comply with MTD?
Businesses must use MTD-compatible accounting software that can maintain digital records and submit VAT returns to HMRC. The guide outlines software types suitable for tech startups, ecommerce businesses, and freelancers.
Do UK businesses have to file VAT quarterly under MTD?
Yes. Most VAT-registered businesses under MTD submit VAT returns quarterly. The guide explains filing schedules and how to manage submissions efficiently.
How can accountants support MTD compliance for UK businesses?
Accountants can help set up compatible software, ensure accurate digital records, submit VAT returns, and provide guidance on compliance, reducing errors and saving time for tech startups, IT companies, and freelancers.