Making Tax Digital Archives - Jon Davies Accountants

When Will Making Tax Digital for Income Tax Self Assessment Apply to Me?

by Gareth Thomas | Jun 14, 2025 | Accounting, Business, Making Tax Digital, Taxes

The rules for Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) are changing—but now with an extended timeline. If you’re a landlord or a sole trader, it’s time to take note of when you’ll need to switch to digital record-keeping and...

Should I Switch to a Limited Company Before Making Tax Digital Kicks In?

by Gareth Thomas | May 29, 2025 | Accounting, Business, Finance, Making Tax Digital, Taxes

After years of delays, Making Tax Digital (MTD) for Income Tax is finally on its way—and it’s going to change the way millions of self-employed individuals and landlords report their income to HMRC. The Government confirmed in the Autumn Budget 2024 that all...

How Will Making Tax Digital Affect Landlords?

by Gareth Thomas | May 17, 2025 | Business, Making Tax Digital, Property, Taxes

If you’re a landlord, big changes are on the way for how you report your rental income to HMRC. From April 2026, the Government’s Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) scheme will come into force. This means the way you keep records, report...

What’s Changing With Making Tax Digital for Income Tax in 2026?

by Gareth Thomas | Dec 31, 2024 | Accounting, Business, Making Tax Digital, Taxes

It’s hard to believe, but it’s been nearly a decade since then-Chancellor George Osborne first announced the Making Tax Digital (MTD) initiative back in March 2015. The vision? To end traditional tax returns and revolutionise the tax system. While the rollout for...

When do taxpayers need to comply with Making Tax Digital ?

by Fern Robinson | Mar 20, 2023 | Making Tax Digital, Taxes

While the Government successfully introduced MTD for VAT for returns starting on or after 1 April 2022, MTD for ITSA has been postponed five times in as many years. The latest delay means that self-assessment customers won’t need to comply until 6 April 2026. These...

What updates have HMRC made in regard to Making Tax Digital?

by Fern Robinson | Oct 11, 2022 | Accounting, Finance, Making Tax Digital, Taxes

After much anticipation from accountancy bodies and businesses, HMRC has finally updated its guidance on Making Tax Digital (MTD), filling in several blanks. HMRC updated some of its informational pages on GOV.UK in late August, including fresh information on how to...