MTD ITSA delayed until 2024
24 September 2021
Making tax digital for income tax self-assessment (MTD ITSA) was due to go live in April 2023. Yesterday (23 September 2021) the government announced that having recognised the challenges faced by UK businesses, and after listening to stakeholder feedback, MTD ITSA would go live in April 2024.
From April 2024, MTD ITSA will be mandatory for businesses and landlords with an income over £10,000 per annum. Pilot schemes are already underway and will be gradually expanded in the lead up to tax year 2024-2025.
The news release is available online.
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