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UK Phasing in Making Tax Digital for Income Tax Self Assessment from April 2026

21 December 2022

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Approved Changes

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United Kingdom

UK HMRC has issued a release announcing that Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) will be phased in from April 2026 for self-employed businesses and landlords with an income of more than GBP 50,000. For those earning between GBP 30,000 and GBP 50,000 MTD will be phased in from April 2027. --- Government announces phased mandation of Making Tax Digital for 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 (19 December 2022). Understanding that self-employed individuals and...