Keeping up to date on the huge making tax digital changes requires a lot of time and patience. There’s so much information out there that it’s difficult to know what’s useful.
It doesn’t help that the goal-posts have been shifted so many times. At one point everyone was going to have to use the new system by 2019, then 2020, now the government have confirmed they’re going to delay the roll out until 2023 at the earliest.
For most landlords it pays to stay on top of these changes, no one likes an angry tax man!
To make it as easy as possible for landlords to get familiar with and keep up to date with the latest changes on Making Tax Digital, we’ve got two great resources for you.
What is the Making Tax Digital Collection?
First up is the Making Tax Digital Collection. The collection contains every article we’ve ever written about Making Tax Digital. Each time we write a new one we update the collection and re-upload it to our website.
The articles are all focussed around landlords and each time a new one is added the old ones are updated, so you can be assured that it’s always the most up to date resource on Making Tax Digital for landlords.
The articles in the collection are all in depth, and here are their titles:
- How landlords can prepare for MTD
- A Making Tax Digital Checklist
- How Making Tax Digital will benefit landlords
- What landlords can learn about MTD from the MTD VAT rollout
What is the Making Tax Digital Report?
Soon enough it will be the case that you need to file quarterly tax returns! Our newest MTD resource is our Making Tax Digital Report, which will help you to prepare for the changes.
We’ve created this report to ensure you know exactly how to prepare for Making Tax Digital, and it’s recently been updated for the 2021/22 tax year!
You can download the free Making Tax Digital Report here: