Spring Budget 2017 - Delays to Making Tax Digital (MTD)

08 March 2017

08 March 2017 by Matt Coward Tax

MTD is one of the most significant changes to the operation of the tax system in at least a generation, forcing all taxpayers online with few exceptions and in a short timescale.

In light of fears expressed by business groups, professional bodies and even MPs, the introduction of MTD for the self employed and landlords with turnovers below the VAT threshold of £85,000 will be delayed by a year to 2019 to give them more time to get ready. It remains to be seen whether that delay will be sufficient.