Frequently Asked Questions

Is FreshBooks Making Tax Digital (MTD) compliant?

Last Updated: Mar 20, 2019

Making Tax Digital is an HM Revenue & Customs (HMRC) initiative designed to make sure the UK tax system is effective, efficient and simpler for taxpayers. All VAT-registered businesses with a taxable turnover above £85,000 are required to keep digital financial records and send returns using MTD-compatible software as of April 1, 2019.

By March 27, 2019, FreshBooks will have the tools needed for all eligible UK VAT-registered businesses to submit VAT returns for MTD and ensure their business is fully compliant. These tools will help businesses:

  1. Record and preserve digital records
  2. Provide the HMRC with your information and submit returns
  3. Receive information from HMRC.
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