In December 2022, the government declared a revised approach for the implementation of MTD for Income Tax Self-Assessment (ITSA), indicating a phased introduction starting on 6 April 2026 instead of ...

Having been through something similar with MTD for VAT, the chances are that you are already adept at helping clients with some of their technical challenges. The MTD for ITSA rules will apply from ...

UK’s His Majesty's Revenue and Customs (HMRC) expects that 2,916,000 (42%) will need to comply with Making Tax Digital (MTD) for income tax of the 7,020,000 taxpayers with income from self-employment ...

Millions of sole traders and landlords have just days to prepare for massive changes to the tax system that take effect this year. From 6 April 2026, Making Tax Digital for Income Tax Self Assessment ...

Originally set to come into effect in April 2024, the Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) mandate is considered one of the biggest changes to UK tax system legislation this ...

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Jonathan Dowden from Sage explains how MTD will affect small businesses and offers tips on how to prepare for the new digital tax system Making Tax Digital (MTD) is the government’s plan to digitise ...

Businesses breathed a sigh of relief when parliament announced in September that Making Tax Digital for income tax self-assessment (MTD for ITSA) would be delayed yet again to April 2024. At the same ...

QUESTION: Why have HMRC announced the delay of quarterly digital reporting of Income tax for the self-employed and landlords? ANSWER: The Treasury announced on Monday December 19 that compulsory use ...

Britain’s tax system is finally kicking its paper habit. ‘Making Tax Digital’ (MTD) started with VAT in 2019 and is now marching toward Income Tax Self Assessment (ITSA). If you run a micro-company, ...

The first quarterly update deadline of August 7 is fast approaching ...