top of page
  • Farrell & Farrell

UK: Making Tax Digital (MTD) for Income Tax Extended by another year

HMRC has announced today that Making Tax Digital (MTD) for Income Tax Self-Assessment has been pushed back by a further 12 months. HMRC has made this decision in response to the challenges faced by many UK businesses as a result from the pandemic.


The quarterly digital reporting for landlords and the self-employed was initially due to start in 2023, however this will now be introduced a year later, in the tax year beginning in April 2024.


General Partnerships will not be required to join MTD for Income Tax Self-Assessment until the tax year beginning in April 2025.


8 views0 comments

Recent Posts

See All

UK: HMRC U-Turn on BIK treatment of double cab pickups

HMRC have now announced that just days after the decision to treat double cab pickups (with a payload of more than one tonne) as cars rather than vans wef 1 July 2024, this guidance has now been rever

bottom of page