Making Tax Digital For Income Tax Self-Assessment

Making Tax Digital for income tax self-assessment (MTD for ITSA) was originally set to roll out in 2018, but the road to personal tax digitalisation has been relatively rocky to date.

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While the Government successfully introduced MTD for VAT for returns starting on or after 1 April 2022, MTD for ITSA has been postponed five times in as many years.

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The latest delay means that self-assessment customers won't need to comply until 6 April 2026. These new rules won't affect all taxpayers at once, either; instead, a more phased approach will aim to ensure the smoothest transition possible. Find out what you need to know by reading our guide to MTD for ITSA PWP-March-2023-APU-MTD-for-ITSA-Blue

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If you would like to discuss in more detail any of the issues raised in this article with a member of our team, please call 01772 741200.