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 new rules won’t affect all taxpayers at once, either. Instead, a more phased approach will aim to ensure the smoothest transition possible.

In our latest guide, we’ll highlight some areas to consider.

You can download the full guide here

For more information, please see our latest guide. Our guide gives helpful guidance on:

  • The phased approach
  • Reasons for the delay and other changes
  • Why you should keep digital records
  • Starting your digital journey

You can download the full guide here

 

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Any questions?

If you’d like a meeting or a video call to discuss this, please get in touch with your favourite Liverpool accountant