MTD for VAT has been live and mandatory for all VAT registered businesses since April 2022.
But just around the corner there is MTD for ITSA.
Self-employed businesses and landlords with annual business or property income above £10,000 will need to follow the rules for Making Tax Digital for Income Tax from 6 April 2024.
This will require five submissions through the year (four quarterly submissions and one final submission) using compliant software. Digital records will need to be kept up to date and readily available.
Although 6 April 2024 may seem far away it is best to prepare for MTD for ITSA now and Whiteley Accountancy Services LLP can help you be ready.
Follow the link below for more information on MTD: