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HMRC’s Making Tax Digital (MTD), means a new joined up systems for HMRC and the majority of businesses and landlords will have to use software and apps in order to complete new tax obligations. The Roadmap is the document outlining HMRC’s vision for reform and the end of the Tax Return by 2020.

HMRC has identified its ‘four foundations’ which will result in the transformation of the tax system and enable them to remove the requirement for Tax Returns to be filed. [editorial note: tax returns will still be filed under MTD, they are to be called reports and declarations, instead of returns].

Timeline

HMRC have proposed the following timeline for implementing the digital tax system:

January - June 2016

July - December 2016

January - June 2017

July - December 2017

January - June 2018

July - December 2018

2019

2020

Links

Our Making Tax Digital: index 
Details of consultations and Myth-buster etc.

External links:

HMRC's road map  

HMRC Case studies