Making Tax Digital (MTD) is a government initiative in the UK, introduced with the aim of making it easier to record and submit tax information. As part of this drive, from 1 April, 2019, VAT-registered business or individuals with a taxable turnover above the VAT threshold will be expected to keep digital records and use software to submit their VAT returns.

MRI is a participant in the HMRC beta program and has been working with them to ensure that our products are compatible with the MTD initiative. It is planned that our software will be made available to our clients in the first quarter of 2019, in advance of the implementation date.