Blog
Tax and Accounting News, Information for Small Businesses
Making Tax Digital for Income Tax Part 2 – The Return of the Giant Pain in the Bum
A must-read guide to MTD for Income Tax for all everyone who uses self-assessment
Coming in 2024 - Making Tax Digital for Income Tax and Self-Assessment (MTD for ITSA)
This is a bit of a biggie. From 6th April 2024, anyone with combined self-employed income (not profit) over £10,000 will need to comply with HMRC’s new MTD for ITSA tax scheme.