What is Making Tax Digital? Making Tax Digital (MTD) is a new tax initiative that will see UK businesses submit digital updates to HMRC once per quarter. Going digital will see our tax system become more efficient, and make it easier for UK businesses to stay on top of their tax affairs.When are we Making Tax Digital? From April 2019, businesses registered for VAT above the threshold of £85,000 will have to start keeping digital records and submit digital VAT returns to HMRC.You can find out if that applies to you using our MTD calculator on this page.Making Tax Digital for income tax and corporation tax will come into effect once the VAT scheme has finished a successful rollout. This is currently projected to be from April 2020. Once dates have been formally announced, we’ll let you know what to do next.Take a free trial of KashFlow with Davenports click on link below safe and secure – https://bit.ly/2EGsEC9