Preparing for Making Tax Digital 2026 UK – All You Need To Know
Preparing for Making Tax Digital (MTD) for Income Tax The UK tax system is undergoing a significant transformation with the introduction of Making Tax Digital for Income Tax Self Assessment (MTD for ITSA). This phased rollout begins from April 6, 2026, changing the way businesses submit their taxes. What Is Changing? Under the new rules, […]
Making Tax Digital for Income Tax: What the Stepped Rollout Means
Making Tax Digital for Income Tax (often shortened to MTD for ITSA) is one of the biggest changes to self‑assessment in a generation. Instead of reporting income once a year, sole traders and landlords will be required to keep digital records and send regular updates to HMRC using software. The key thing to understand is that […]