If you have the time and the inclination, HMRC are inviting businesses to trial MTD from April 2018.
According to a recent ICAEW post on this topic, if you want to take part, email Caroline.Miskin@icaew.com and she will forward your details to HMRC.
The scope of the trial is going to be somewhat limited as the only software providers who have integrated the necessary connectivity with HMRC are Iris and RhinoApps.
HMRC’s guidance on the trial follows:
Overview
If you sign up to the Making Tax Digital pilot, you’ll need a software package that lets you send regular Income Tax updates to HM Revenue and Customs (HMRC).
If you’re an agent firm and you sign clients up to the pilot, you’ll need one that lets you send these to HMRC on their behalf.
You’ll need this software to keep records of income and expenses, either for yourself or on behalf of your clients. If you’re already using software to keep records, check with your supplier when it will be ready to allow you to send updates to HMRC throughout the year.
Software suppliers
More suppliers and software will be available and added to this list as the Making Tax Digital pilot progresses:
| Software supplier | Feature(s) | Business or Agent |
| IRIS | Digital record keeping Updates to HMRC Tax estimate from HMRC based on provided updates | Agent |
| Rhino | Digital record keeping Updates to HMRC Tax estimate from HMRC based on provided updates | Business |
HMRC doesn’t recommend or endorse any one product or software supplier and isn’t responsible for any problems you have with software.
So, there you have it. If you want to engage with the beta testing of HMRC’s software, here is your chance to contribute; unless, that is, you have better things to do?
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