MTD for ITSA delayed by two years
Information provided by our partner Milsted Langdon
What you need to know
Sole traders, self-employed workers, partnerships and landlords have been preparing for Making Tax Digital for Income Tax Self-Assessment.
However, HM Revenue & Customs has now announced a two-year delay and further alterations to this landmark change in taxation.
This includes confirmation that the Government will not extend MTD for ITSA to general partnerships in 2025, but that it remains committed to introducing MTD for ITSA to partnerships at a later date.
We have put together a helpful article to help you understand the latest changes and how they
impact you.