The great MTD wrap-up
The first quarterly submission deadline for Making Tax Digital for Income Tax has finally arrived, and we made it through. Here's what really happened.
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The Great MTD Wrap-Up: Full Report
Every finding from our survey of 269 practices, broken down by firm size, fee model and software, plus the data behind each headline stat.
- Full survey breakdown & methodology
- Filing time benchmarks by practice size
- Where automation is closing the gap
We wanted to understand how it went in practice: whether the challenges firms faced were the ones they expected, or whether unforeseen issues emerged along the way.
A total of 269 of you took part in our survey, and the results are now ready. There are plenty of intriguing data points, but here are the headline findings.
Same headcount, wildly different filing times per client for the full process.
Fixed-fee firms were nearly three times more likely to avoid MTD-related workflow disruption.
Of failed filings were attributed to HMRC's own systems, rather than practice-side issues.
Of practices still chase clients manually, a clear automation gap.