Description: From April 2026, many UK businesses will need to follow new rules under Making Tax Digital for Income Tax Self Assessment (MTD ITSA). If your income is over £50,000, you will be required to keep digital records and submit quarterly updates to HMRC instead of relying only on an annual tax return. For most business owners, the concern is not the rules itself but the extra work.
Category: Finance
Tag: MTD ITSA, tax consultants UK, accounting firm UK, tax advisor UK