MTD_for_Income_Tax_Self_Assessment_for_Businesses_and_Landlords

Making Tax Digital for Income Tax Self Assessment (ITSA)

Making Tax Digital, or MTD, is the government’s plan to improve the way that businesses record and report their tax. The rules are already in place for VAT registered businesses, and from April 2024 will expand to include Self Assessment. The changes mean that self-employed people and landlords earning over £10,000 a year must be…

Accountants

Accountants, Are You Talking To Your Clients About MTD for Income Tax Self Assessment (ITSA)?

Let’s start this with another question. Should you be talking to your clients about Making Tax Digital for Income Tax Self Assessment (ITSA)? Guidance around it is still fairly generic, so it’s difficult to offer clients much in the way of detail. But, the internet is slowly filling with articles rehashing what little is known…