Making Tax Digital for Business — An overview for small businesses, the self-employed and smaller landlords
This document summarises the main design choices and questions from the Making Tax Digital consultations for small businesses and landlords.
From 2018, how you interact with the tax system is changing. It will become increasingly digital and most businesses, the self-employed and landlords will need to use software or apps to keep business records and to update HMRC quarterly.
HMRC is consulting on how a more digital tax system will work. The 6 consultations contain a lot more detail about our proposals, with a wider set of questions.
This document provides an easier way to respond to the Making Tax Digital consultations than the full formal consultations, and is specifically aimed at small businesses and landlords.
We have included a summary of the main issues and selected questions, with links to the full consultations at various points if you would like more detail.