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 meet the
requirements for MTD for income tax self-assessment (ITSA) and how to sign up for the scheme.
The new guidance follows a prolonged silence from HMRC and comes ahead of the commencement for MTD ITSA in April 2024.
You might be interested in...
07 Jul 2026
Could your business run without you? Explore why owner dependency is a major risk and how early succession planning can protect continuity and value.
Learn more
Succession Starts Long Before You’re Ready To Leave
07 Jul 2026
Making constant decisions is taking its toll on business owners. Explore why decision fatigue happens and how to build clarity into everyday decision-making.
Learn more
Decision Fatigue Is Not Weakness – It’s A Leadership Risk
07 Jul 2026
In a fast-moving, uncertain world, business owners need clarity, not certainty. Discover how real-time insight supports better decisions.
Learn more
Clarity Over Certainty: How Business Owners Can Regain A Sense Of Control
07 Jul 2026
In a world where certainty is no longer the norm, the businesses that succeed are those that keep moving. Drawing on insights from 1,500 UK business leaders, Stephen Watts explores how leadership is evolving.
Learn more
Why standing still in business is no longer an option
01 Jul 2026
TC Group has given a clear signal of its commitment to the success of the region by moving its team to the heart of Bournemouth Christchurch and Poole (BCP).
Learn more
TC Group moves to the heart of Bournemouth
01 Jul 2026
Retain key staff with EMI schemes and Employee Ownership Trusts (EOTs), aligning incentives with long-term business success.
Learn more
Retaining Staff While Planning for the Future