What Is the Difference Between MTD for Income Tax and MTD for VAT?
Автор: Book Keeping Global
Загружено: 2026-01-20
Просмотров: 4
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Stop scrolling. Making Tax Digital sounds simple… until you realise there are *two different versions* 🤯
So what’s the real difference between MTD for VAT and MTD for Income Tax? This video breaks it down in under a minute.
Here’s what you’ll learn:
• What MTD for VAT actually requires
• How MTD for Income Tax works (and who it applies to)
• Why quarterly reporting is changing how businesses manage tax
• How to stay compliant without making things complicated
MTD for VAT is already live and mandatory for VAT-registered businesses.
MTD for Income Tax is rolling out next and means quarterly updates instead of one annual return for sole traders and landlords.
And yes, it can get messy… unless your software handles everything in one place.
That’s why I built Invoice24 — a free invoicing app that supports:
✔ MTD for VAT
✔ MTD for Income Tax
✔ Corporation tax & accounts filing
✔ Invoicing, expenses, and digital records
No add-ons. No extra costs. Just simple, compliant tax filing.
If you want to be MTD-ready now and in the future, this is for you.
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