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HMRC sends letters as next phase of MTD edges closer - M J Bushell

Summary by M J Bushell
From April 2026, the way you report your income tax will change. HM Revenue & Customs (HMRC) is introducing Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA), and if you are a sole trader, self-employed individual, or landlord earning over £50,000 per year, you will soon receive a letter from HMRC explaining what this means for you.  The MTD changes on the way  Currently, you file your Self-Assessment tax return once a year. Under M…
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M J BushellM J Bushell

HMRC sends letters as next phase of MTD edges closer - M J Bushell

From April 2026, the way you report your income tax will change. HM Revenue & Customs (HMRC) is introducing Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA), and if you are a sole trader, self-employed individual, or landlord earning over £50,000 per year, you will soon receive a letter from HMRC explaining what this means for you.  The MTD changes on the way  Currently, you file your Self-Assessment tax return once a year. Under M…

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Smailes GoldieSmailes Goldie

HMRC sends letters as next phase of MTD edges closer - Smailes Goldie

From April 2026, the way you report your income tax will change. HM Revenue & Customs (HMRC) is introducing Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA), and if you are a sole trader, self-employed individual, or landlord earning over £50,000 per year, you will soon receive a letter from HMRC explaining what this means for you.  The MTD changes on the way  Currently, you file your Self-Assessment tax return once a year. Under M…

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Smailes Goldie broke the news in on Tuesday, March 4, 2025.
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