Making Tax Digital (MTD) for Business* New Dates

• *Income Tax Self-Assessment (ITSA):
  • Individuals can use the MTD ITSA pilot
  • From April 2026: self-employed businesses and landlords with business turnover above £50,000 report under MTD for ITSA.
  • From April 2027: self-employed businesses and landlords with business turnover above £30,000 report under MTD for ITSA
  • From  tba: other income tax , general partnerships and partnerships.
• Corporation Tax (CT): 
  • From April 2024: companies can start using a MTD for Corporation Tax (CT) pilot scheme.
  • From April 2026: companies join MTD for CT.
• VAT:
  • From April 2019: VAT registered businesses with turnover exceeding the VAT registration threshold must retain digital records and submit their VAT returns to HMRC using 'functional compatible software'.
  • From April 2022: all VAT registered business report under MTD for VAT.