HMRC MTD ITSA webinar - worth a look?
Making Tax Digital will be mandatory for some traders and landlords next year. Ahead of this, the government is ramping up its guidance to help you get ready. What is the latest offering?
Some sole traders and landlords will be mandated into Making Tax Digital for Income Tax Self-Assessment (MTD ITSA) next April. HMRC has published a video purporting to explain MTD ITSA; though it really doesn’t say anything especially helpful, rather it seems to aim to convince the customer that MTD ITSA will be very helpful. It also initially implies the mandation threshold for 2026 is £30,000 – it isn’t, it’s £50,000 dropping to £30,000 in 2027.
Perhaps more helpful is the opportunity to register for a live webinar on 3 April. This will cover some basics regarding what you will need to do once you are required to use MTD ITSA. You can register for the webinar here.
Related Topics
-
Latest advisory fuel rates published
The amount that employers can reimburse staff for business travel in company cars changes from 1 June 2025. What are the new rates?
-
Dodging the dreaded annual P11D routine
The deadline for submitting benefits and expenses returns for you and your fellow directors is just over a month away. How can you avoid having to complete them and save tax at the same time?
-
P11Ds - don't forget beneficial loans
Ahead of the P11D filing deadline on 6 July, HMRC has issued a reminder to employers about beneficial loans. What’s the full story?