Making tax digital - in summary

On 13 July 2017, the Government announced MTD will commence in April 2019 for VAT purposes for
businesses with turnover above the VAT threshold (currently £85,000) and will be delayed until at least 2020 for all other businesses.

Under the proposed timetable:

• only businesses with a turnover above the VAT threshold (currently £85,000) will have to keep
digital records, and initially only for VAT purposes from 2019

• businesses will not be asked to keep digital records, or to update HMRC quarterly, for other
taxes until at least 2020

This means that businesses and landlords with a turnover below the VAT threshold will be able to
choose when to move to the new digital   system.
 

 For businesses who have a turnover over the current VAT Threshold

For businesses who have a turnover over the current VAT Threshold

 For Businesses who are registered for VAT but have a turnover less than £85,000

For Businesses who are registered for VAT but have a turnover less than £85,000