The Making Tax Digital deadline is now just around the corner. From 6th April, many self-employed individuals and landlords will be required to comply with HMRC’s new digital reporting system, and if you haven’t prepared yet, now is the time to act.
At KPN, we’ve already covered the details of MTD, but with the deadline approaching, this is your reminder: don’t leave it too late.
What You Need to Know Before the Making Tax Digital Deadline
If you’re still asking “do I have to sign up to making tax digital” or “is making tax digital compulsory”, the answer is simple:
If your income meets the threshold, you must comply from 6th April.
Under the latest making tax digital rules, you’ll need to:
- Keep digital records
- Use HMRC-compatible software
- Submit updates to HMRC throughout the year
Failing to act before the Making Tax Digital deadline could lead to penalties and unnecessary stress.
This Isn’t Just Another Deadline
The shift to MTD is one of the biggest changes to the UK tax system in years. While there are clear benefits of making tax digital, such as improved accuracy and better financial visibility, the transition itself requires preparation.
Waiting until the last minute can lead to:
- Software issues
- Missed registrations
- Incorrect submissions
- Avoidable penalties
Have You Chosen the Right Software Yet?
A key part of getting ready is selecting the right system. Many clients are still unsure about the best making tax digital software for self employed or the easiest software for making tax digital.
The reality is, the “best” option depends on your business, but what matters most is getting set up before the deadline.
Working with experienced accountants in making tax digital ensures you choose the right solution and avoid costly mistakes.
Last Chance to Get Prepared
With the Making Tax Digital deadline on 6th April, there’s limited time to:
- Register for MTD
- Set up compliant software
- Ensure your records are digital and accurate
- Understand your reporting obligations
If you’re still wondering “do you have to register for making tax digital”, the answer is yes, and now is the time to do it.
How KPN Accountants Can Help
At KPN, we’re already helping clients prepare for MTD and meet the Making Tax Digital deadline with confidence.
As trusted accountants in making tax digital, we can:
Get you registered quickly and correctly
Recommend and set up the right software
Ensure you’re fully compliant with making tax digital rules
Provide ongoing support so you stay on track
Don’t Leave It Any Later
Get in touch with KPN today and make sure you’re fully prepared before 6th April.