HMRC has entered into a new phase as it moves out of its nearly year-long limited testing period for its Making Tax Digital Income Tax pilot.

Brian Palmer, tax policy advisor at AAT, explains that it is now offering the self-employed a chance to join the pilot as we edge closer to 2020, when the MTD initiative will be rolled out for all taxes.

So far only a soft launch has taken place, but this is still encouraging given the fact the VAT pilot for MTD is expected to start next month, since businesses will be mandated to use the system from April 2019 to meet their VAT obligations.

Those who choose to join the pilot will be able to start filing quarterly updates of their trading income and expenditure figures through the Making Tax Digital system.

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