Making Tax Digital was set to be in by 2024 for self-employed and landlords, but changes have been made with a two-year delay until April 2026.
The NEW scope and timing phases of MTD ITSA, include:
We will update this page with relevant information as it is released but you can read our latest blog on the update here.
By starting to process of using the software, you will be more than ahead, by the time the legislation comes in and will have had the time to use the software.
This will mean that by April 2026 those affected will need to be using HMRC-compatible software, and will also need to:
We are FreeAgent partners and if you sign up to this software it will do the hard work for you!
We still advise you to not leave the digital process behind.
Regardless, Making Tax Digital will be here to stay, and advanced digital systems will make your financial processes, much simpler.
For more information please contact us at email@example.com