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WebMaking Tax Digital (MTD) for VAT is a new initiative introduced by the UK government to modernize the tax system and make it more efficient. To comply with this new … WebMaking Tax Digital for VAT forms part of a wider government initiative to simplify the tax system, making it easier for taxpayers to get their tax right. Individuals and businesses … WebMaking Tax Digital for VAT. MTDfV (Making Tax Digital for VAT) is a HMRC initiative which will ultimately require UK taxpayers to move to a fully digital tax system. Businesses with UK VAT registrations will be required to keep digital records for VAT purposes and provide their VAT returns to HMRC using compatible software from 1 April 2024. 1. sick heaven