MTD for ITSA - A Bitesized Guide

Introduction

Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is the cornerstone of HMRC’s commitment to modernising the way small businesses handle their tax. It requires businesses and landlords with qualifying income to maintain digital records and update HMRC each quarter using compatible software.

This short webinar will provide tax managers, partners and staff who deal with the filing of self-assessment tax returns with an introduction to the new regime and will discuss what it will mean for clients and the practice.

Expert speaker Russell Cockburn will review and identify all current HMRC proposals for the introduction of the new regime for digital business and personal taxation to be introduced from 2026.

What You Will Learn

This webinar will cover the following:

• Record keeping rules
• Submission of quarterly and year end reports
• Software and staffing implications
• Who will and who will not be affected
• Opportunities for new clients
• Developments from the Autumn 2024 Budget
• New turnover limit below £20,000 to be introduced

This webinar was recorded on 18th February 2025

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