MTD tracker

ACCA's free resource will help you navigate Making Tax Digital

ACCA has partnered with Bloomsbury Professional Publishing to provide members with free practical guidance on MTD VAT implementation.

This free member digital resource, hosted on the Bloomsbury Professional online platform, has been available since October. It provides guidance on the operation of MTD in plain English and brings together a coherent interpretation of:

  • primary law
  • regulations
  • HMRC non-statutory guidance
  • memorandum with software producers
  • government policy papers
  • guidance provided directly to professional bodies by HMRC and HM Treasury (where permission is given for publication)
  • public evidence given to parliament.

The content uses a question-and-answer format with questions from accountancy practitioners. Content will be updated regularly as more sectors are brought in to the scope of the legislation, and will build into a suite covering:

  • MTD overview
  • VAT
  • income tax
  • corporation tax
  • tax agents.

The VAT content includes sections on:

  • MTD functional compatible software
  • spreadsheets
  • digital links
  • bridging software
  • what must be reported
  • when to submit
  • VAT schemes
  • partial exemption
  • penalties and appeals.

To register your interest in receiving support, please email advisory@accaglobal.com with your membership number and the subject line 'MTD guidance'.