What is MTD? MTD stands for Making Tax Digital. It’s part of the government’s move to make all tax digital, transforming the current system into one of the most digitally advanced tax systems in the world. When does MTD start? MTD comes into force from April 2019. HMRC has, however, deferred MTD by six months for a number of businesses, including: Trusts Not for profit organisations that are not incorporated VAT divisions VAT groups Public sector entities such as NHS Trusts and Government departments Local authorities Public corporations Businesses based…
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