Making Tax Digital: how we can help you make the transition, based in Sheffield

Not sure if MTD applies to you? We'll keep you fully informed

Making Tax Digital (MTD) was introduced on 1st April 2019 to modernise the taxation system through the use of advanced technology and systems. Currently, MTD applies to VAT-registered businesses, regardless of whether their taxable turnover is below or above £85,000. Affected businesses must maintain digital VAT records and submit VAT returns using software that complies with the MTD initiative.

Unsure of the next steps? Act now and contact Lindrick Accountancy Services Ltd for comprehensive support throughout the Making Tax Digital process.

It doesn’t sound like MTD applies to me yet. When should I expect to be affected?

In April 2024, MTD compliance will become compulsory for self-employed businesses and landlords who have an annual business or property income exceeding £10,000.
In 2026, Making Tax Digital will for Corporation Tax will be introduced

How will Lindrick Accountancy Services Ltd help me with MTD?

As experienced accountants, we are highly skilled in setting up and managing digital tax records. Over the years, we’ve assisted countless SMBs in successfully navigating the MTD transition, offering ongoing support from start to finish. We can guide you on the software options available, including QuickBooks, Sage, and Xero, ensuring that you stay ahead of the curve, even as regulations evolve.

Contact the Lindrick Accountancy Services Ltd team in Sheffield for comprehensive Making Tax Digital support. Phone: 01909 551111 Email: [email protected]