Hi {{Firstname | reader}} ,
Let’s talk timelines, because not everyone joins Making Tax Digital at the same time.
Here’s the latest picture:
● MTD for VAT - already mandatory for all VAT-registered businesses.
● MTD for Income Tax Self Assessment (ITSA) -
• Starts April 2026 for individuals with business/property income over £50,000
• Starts April 2027 for income between £30,000 and £50,000
If you fall into these categories, you’ll need:
• Compatible software
• Digital record keeping
• Quarterly updates
• An annual finalisation statement
MTD will not apply to partnerships until a later phase.
If you’re unsure whether you must join, book a free call with our MTD expert and we’ll confirm your category for you.
Speak soon,
Arun