Making Tax Digital for income tax self-assessment (MTD for ITSA) was originally set to roll out in 2018, but the road to personal tax digitalisation has been relatively rocky to date.
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.
Patrick Faughnan, Head of Corporate Finance at TC Group, has been named 'Dealmaker of the Year' at the Insider Media Central and East Dealmakers Awards 2025.
Hear how Partner Will Farnell’s passion for using technology to enhance outsourced finance solutions has developed since joining TC Group in March 2025.
TC Group is pleased to announce the successful acquisition of Ward Goodman Audit, based in Wimborne, Dorset. As an Accountancy Age Top 20 firm, TC Group specialises in providing bespoke, high-quality accountancy and business advisory services. Our expert team delivers... Read more