Terms of agreement between Make Tax Digital Ltd ("MTD") and its customers

For the agreed monthly fee including VAT, Make Tax Digital Ltd will provide the following services;

• A dedicated caseworker;
• An experienced taxation technician;
• Quarterly Income and Expenditure Accounts ("Accounts");
• Quarterly VAT Returns, if required;
• Quarterly Tax Returns, as and when the customer becomes liable to file them;
• Annual Tax Returns (to be renamed "Confirmation Statements" when HMRC quarterly filing starts);
• Confirmation of income by download of HMRC confirmations, as required;
• Handling of any investigation or check by HMRC of filings to them.

Value Added Tax
The VAT-inclusive fee will increase or decrease according to the prevailing rate of VAT

The Consumer Prices Index (CPI) as of February 2017 is 101.4. The fee will increase each April by reference to the preceding February's index. By this means there will be no real-terms increase in fees.

For a 2016/17 Tax Return (if required), an agreed sum will be invoiced by MTD after the Return has been filed.

For any earlier Returns that are outstanding, fees will be by negotiation.

By monthly Direct Debit, via GoCardless

Good faith
The customer agrees to provide truthful information for HMRC filings, and MTD will not be responsible for any HMRC action resulting from inaccurate information provided.

MTD has the customer's permission to make contact with the customer by email to promote MTD's business and to keep the customer informed. The customer's information will not be shared with third parties (excepting of course HMRC and when the customer expressly requests, such as a rental or mortgage reference)

The customer may terminate at any time and MTD will complete any outstanding Accounts.

As and when the customer's business ends, payments under this contract will cease. MTD will complete outstanding Accounts and that year's Tax Return when it falls due to be filed, without further charge.