Making Tax Digital / Income tax/S.A

[QFSteve]

Hello @motonova.quickfile.c

We also have information on our blog about the subject.

Making Tax Digital - Self Assessment

The idea of MTD was initially announced by HMRC back in 2015, where key parts of the tax process are moved to a more efficient and streamlined digital process. The first tax to go digital was VAT, and in 2019 we enabled businesses to submit their VAT returns as part of MTD. Initially, businesses with a taxable turnover above the VAT threshold of £85,000 were required to sign up for MTD for VAT. Businesses under the threshold are allowed to do so voluntarily. However, as of April 2022, this wil…