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What is Making Tax Digital?

Making Tax Digital (MTD) is an initiative by HMRC, aimed at moving all company tax filings for Limited Companies and Sole Traders online.

Currently it’s only VAT that needs to be submitted via MTD, but you can already sign up to use the service for Self Assessment Tax Returns as well.

To use MTD, you need compatible software, or to use an accountant who has the compatible software and will submit your returns on your behalf.

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