Making Tax DigitalStay compliant with our future-proofed MTD software solution for tax and accounting professionals
Making Tax Digital solutions to help accountants navigate MTD
- Manage totalling and categorising of data ready for MTD; collect data from HMRC; and produce the final, adjusted accounting data.
- MTD for Income Tax for Traders and Landlords will be mandated from April 2026, meaning landlords and unincorporated traders with gross income in excess of £50,000 will be required to make their first quarterly update by 5 August 2026. The income threshold will be lowered to £30,000 from April 2027.
- MTD for partnerships and companies will follow at a later date.
- As one of the first providers to support agents in taking part in the HMRC income tax pilot, Thomson Reuters continues to work closely with HMRC and accountants to develop solutions for the new MTD regime.
For more MTD resources visit our Making Tax Digital hub. Here you will find resources to help your clients through the process and provide thought leadership to help you stay up to date.
Why use MTD software?
Import record keeping data
For clients who do not want to progress beyond their spreadsheet, a simple mapping and import routine collates their VAT data ready for your review and submission. This also allows for import from other bookkeeping products.
Client Collaboration
Keep in close contact with your clients using our portals that allow for seamless notifications and exchange of data to enhance the experience and improve efficiency, whilst also allowing for client approval of the VAT data before reporting to HMRC.
VAT reporting
Regardless of the source of the digital records, a simple to use tool for collation and reporting the MTD for VAT data to HMRC.
Process Management
Define streamlined processes to match the services that you provide to your clients — vital for efficient working.
Related resources
MTD for VAT Solution Demonstration
Onvio VAT solution has been developed to simplify the compliance process and automate your VAT.
Watch video [5 mins]