MTD for ITSA delayed until April 2026

Date: 20/12/22

MTD for ITSA delayed until April 2026

The UK Government has announced that Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) will now be delayed until April 2026.

MTD for ITSA was due to be brought in from April 2024 for the self-employed and landlords with income over £10,000 per annum however due to the current economic environment and following advice from industry professionals, it has been decided this will now be delayed.

It was also announced that the income thresholds would be increasing, so that the MTD for ITSA requirement will now only be applicable from April 2026 for those self-employed individuals and landlords with income over £50,000 per annum. Whilst those with an income of between £30,000 and £50,000 will not need to be compliant until April 2027.

MTD for ITSA will not be extended to general partnerships in 2025, it will be announced at a later date when this will be introduced.

Alan Taylor FCCA

Author: Alan Taylor FCCA

A former pupil at Ripley St Thomas C of E High School in Lancaster, Alan joined Scott & Wilkinson directly from school in 1994 and qualified as an Accountant in 2001. Alan is the Director responsible for the day-to-day...

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