Tax is Changing
Updated 22nd November 2023
Making Tax Digital for Income Tax Self Assessment (ITSA)
Self-employed individuals and landlords will have more time to prepare for Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA), following a government announcement today
There are 3 dates to know depending on your Business
5th April 2026 - ( was 5th Apr 2024) All persons that are Self Employed as a Sole trader where your Turnover is £50,000 or more.
5th April 2027 - ( was 5th Apr 2024) All persons that are Self Employed as a Sole trader where your Turnover is £30,000 or more.
5th April 2025 - All persons that are Self employed as a Partnership. (This is currently unchanged)
5th April 2026 - All Limited Companies. (This is currently unchanged)