Digital Tax Making

12 February 2022

Obviously we mean Making Tax Digital (MTD)

It’s been the word on the street that its coming for a long time but it really is the case now as all VAT registered businesses must sign up, whatever they earn. 

 

If you are VAT registered, you must sign up for Making Tax Digital from the 1st April 2022 in order to file in the new digital way. That’s just over 6 weeks away! 

 

The idea behind MTD is for businesses to keep digital records and to file their VAT returns using an MTD compatible software like QuickBooks. The whole new digital process should therefore make it simpler and quicker to file returns, which in turn will give the tax payer more confidence in what they are submitting is correct. Although it becomes mandatory from the 1st April it would be more beneficial to take the leap and get started with MTD today. 

 

The Government has advised from 1st April 2022 or the beginning of that VAT period you must keep digital records and submit VAT returns through MTD or you may be charged a penalty. 

 

Support on how to sign up to MTD can be found on the Government website here or we at Books and Business can assist you by signing up on your behalf to ensure you are MTD compliant. Not only can we set you up we can provide ongoing training for QuickBooks MTD compliant software. In the long run this will save you valuable time to focus on your business. 

 

According to the HMRC guidelines you must sign up at least 5 days after your last non-MTD VAT return deadline and no less than 7 days before your first MTD VAT return deadline or you may pay twice! 

 

Get in touch with us today to see how we can get you sorted for the looming MTD VAT deadlines. 

MTD ITSA: What Sole Traders & Landlords need to know for 2026

24 October 2025
Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA)

How the Bank of England’s rate cut could impact your construction or trade business

by PH186232 • 22 August 2025
The Bank of England has cut the base rate to 4%. Find out what this means for trades and construction businesses, from borrowing costs to cash flow.

MTD for Income Tax: What trades and construction businesses need to know

by PH186232 • 30 July 2025
If you're a sole trader or landlord earning over £50,000 a year, big changes are coming your way. From April 2026, you'll need to comply with Making Tax Digital for Income Tax (MTD for ITSA) and while that might sound like it's a long way off, it’s closer than it seems. At Books and Business, we work closely with those in the trades and construction sector, and we know that admin is rarely top of the to-do list when you're running jobs, managing quotes, and keeping customers happy. But this change will affect how you keep records and report your income, so starting early is key. Lets get into what MTD for ITSA means for your business and more importantly how we can support you every step of the way.