MTD – What do I have to do?

Everyone will be allocated a digital account through the current Government Gateway. You’ll need to log into this and update your information every quarter, using digital accounting software. This means a move away from desktop record keeping and onto a Cloud-based system. As your bookkeeper and tax agent, we can advise you on the software you will need and how to comply with the new quarterly reporting requirements.

For more about MTD please see our other FAQ’s on Making Tax Digital