Making Tax Digital for Income Tax

Making Tax Digital

The Making Tax Digital for Income Tax pilot is now available on a voluntary basis.

Businesses can sign up if they are a sole trader with income from one business and/or are landlords (except those with furnished holiday lettings).

If a business that signs up to the pilot has no other income to provide to HMRC they won’t need to complete a separate Self Assessment return.

Where additional personal income needs to be reported, such as employment income, bank and building society interest, dividends and Gift Aid, additional functionality will be made available in the coming months to allow software providers to build this into their products.  This means many more businesses will be able to send all of their additional personal income details using Making Tax Digital.

The pilot continues to be developed and additional functionality to allow more business to join is being released on a regular basis.

You can find more information about MTD for Income Tax, including how to get involved.

You can also find out more about which software products are already compatible with Making Tax Digital for Income Tax and HMRC will continue to update this information as more products become available.