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MTD: What you need to know

Everything businesses and tax agents need to know about the MTD regime, including who is affected, what the rules are, how to comply and what the penalties are.

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Further support on tax.
Further support on tax.
Need to know

Preparing your practice for MTD

Agents will need to take steps to prepare both their own practices and their clients for the disruption that Making Tax Digital and digitalisation will cause to the market for accounting and tax services.
What does MTD mean for your practice?
Need to know

Economy explainers: what is MTD?

ICAEW's Tax Faculty sets out the key things taxpayers and agents need to know about Making Tax Digital (MTD) for income tax, including the timeline for the phased introduction of MTD for income tax.
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What are the rules?

 
MTD and VAT
  • Helpsheets and support
  • 30 May 2024
The first stage of HMRC's Making Tax Digital (MTD) programme focuses on VAT and imposes new requirements keeping on some VAT registered businesses and organisations from April 2019.
TAXguide 01/25: MTD income tax
  • Technical release
  • 06 Nov 2025
Making tax digital (MTD) for income tax is being phased in from April 2026. ICAEW's Tax Faculty outlines the requirements and how the system will work.
Legislation for Making Tax Digital
  • Helpsheets and support
  • 13 Aug 2025
Links to the enacted and proposed legislation mandating Making Tax Digital.
MTD for VAT penalties
  • Helpsheets and support
  • 30 May 2024
The introduction of Making Tax Digital for VAT has prompted discussion about the risk of penalties where introducing new processes breach of the regulations.

How to comply

 
Signing up for MTD income tax
  • Helpsheets and support
  • 01 Apr 2025
ICAEW's Tax Faculty provides step-by-step guides on how to sign up for Making Tax Digital income tax for businesses and for tax agents.
Choosing software for MTD income tax
  • Helpsheets and support
  • 29 Apr 2025
ICAEW’s Tax Faculty explains what to consider when choosing software for making tax digital (MTD) for income tax.

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The Tax Faculty is the voice of tax for ICAEW, responsible for all submissions to the tax authorities. Join the Faculty for expert guidance and support enabling you to provide the best advice on tax to your clients or business.
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