MTD for Income Tax Guidance & Advice

Explore our guides outlining everything you need to know about Making Tax Digital for Income Tax Self Assessment (MTD for ITSA).

Making Tax Digital for Income Tax Explained

Understanding Changes to Self Assessment

A Complete Guide to MTD for ITSA

Our MTD for Income Tax guidance covers everything sole traders and landlords need to know about the new legislation.

A guide to MTD for ITSA
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Making Tax Digital Guides for Landlords

Landlords earning above £10,000 a year from business and property will need to sign up to MTD for ITSA from 6 April 2024.

Understanding MTD for landlords

Read our FAQs exploring what Making Tax Digital means for landlords in practical terms.

View our MTD for landlords FAQs

A quick guide to MTD for landlords

This short guide outlines the key points landlords need to bear in mind when preparing for MTD for ITSA.

View our MTD for landlords guide

An in-depth guide to MTD for landlords

This in-depth guide has been written to help landlords understand how to comply with MTD for ITSA.

Download the complete guide

MTD Support for Accountants & Bookkeepers

Our guides talk you through how to prepare your clients and practice for ITSA, along with how to approach client segmentation.

Preparing your clients & practice for ITSA

Read our guide outlining three steps you can take to prepare your clients and practice for MTD for Income Tax.

View our guide to preparing for ITSA

MTD for ITSA: How to segment your client base

Our quick guide walks you through how to easily segment your clients for Making Tax Digital for Income Tax.

MTD for ITSA client segmentation guide

MTD for ITSA segmentation tool

Download our segment overview and workload calculator to support you with preparing for MTD for Income Tax.

MTD for ITSA client segmentation tool

Hear how our partners are preparing for ITSA

Accountants and bookkeepers using Xero share their stories on why it’s vital to start preparing for MTD for ITSA early.

Hear from our partners
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I love the fact that Xero is thinking ahead and there is often a solution to these things quite a long time before it’s legally required. Being ahead of the game just takes a lot of the stress out of the whole change.

David Munro, MD, Munro & Partners

MTD for ITSA Software

Choosing the right MTD for ITSA software is crucial. Learn more about Xero’s MTD for ITSA beta solution here.

Xero and MTD for ITSA

We’re testing our MTD for ITSA solution to ensure it meets the needs of those navigating the new rules.

Learn about Xero’s ITSA beta programme

Xero’s ITSA beta in practice

Best Accountancy Services (Plymouth) Ltd successfully onboarded clients using Xero’s ITSA beta software.

Hear their story

Webinar: Prepare your practice for ITSA

Watch our webinar to learn how MTD for ITSA will affect your practice & discover how Xero’s ITSA beta works.

Watch our on-demand ITSA webinar

Your MTD for ITSA questions answered

Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is part of the government’s plans to digitalise the UK tax system. MTD for Income Tax will impact the way sole traders and landlords with a total business or property income above £10,000 per year manage their tax obligations.

Learn more

All self-employed people and landlords with a total income (from business or property) above £10,000 will need to follow MTD rules for ITSA from 6 April 2024. Instead of using HMRC’s website to file returns, you’ll need to keep digital records and use compatible software.

Learn more

From 6 April 2024, landlords earning above £10,000 annually will need to change the way they record income and expenses under Making Tax Digital for Income Tax Self Assessment rules. They will also need to change the way they submit tax returns.

Learn more

In the space of one tax year, you’ll need to send HMRC four quarterly updates using your MTD-compatible software. You’ll also need to send an ‘End of Period Statement’ at the end of the fourth quarter and a ‘Final Declaration’, by January 31st. This replaces the current annual self-assessment.

Learn more

At Xero, we’re building an MTD for ITSA solution which we are testing with select customers from April 2022, as part of HMRC’s pilot. This is called our ‘MTD for ITSA beta programme’.

Learn more

Join Xero’s MTD for ITSA beta programme

Xero’s MTD for ITSA beta programme is one of the first HMRC-recognised software solutions available for Making Tax Digital for Income Tax.