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
Making Tax Digital timeline
Our Making Tax Digital timeline covers all of the key deadlines and dates for each stage of HMRC’s MTD initiative.
Making Tax Digital for the self-employed
We explore everything sole traders and the self-employed need to know about Making Tax Digital for ITSA.
The ultimate guide to self-employed tax
Our expert guide tells you everything you need to know about paying tax to HMRC when you’re self-employed.
Quarterly updates for Making Tax Digital for Income Tax
Under MTD for ITSA rules, landlords and the self-employed will have to provide quarterly updates on their income tax.
What is a Final Declaration? Reporting for MTD for Income Tax
From April 2024, ‘Final Declarations’ will be a requirement for HMRC’s Making Tax Digital for Income Tax initiative.
What is an End of Period Statement (EOPS)?
We explore what an End of Period Statement (EOPS) is and why you must submit one to comply with MTD for ITSA.
Understanding Changes to Self Assessment
How Self Assessment Tax Returns are changing: MTD for ITSA
HMRC has announced changes to the way the self-employed and landlords do their self assessment for income tax.
How to fill in a Self Assessment Tax Return online
This quick guide provides step-by-step instructions on how to fill in a Self Assessment Tax Return online.
Everything you need to know about Unique Tax Reference numbers (UTRs)
Our comprehensive guide covers everything you need to know about Unique Tax Reference numbers (UTRs) for HMRC.
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
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.
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.
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.
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.
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 segmentation tool
Download our segment overview and workload calculator to support you with preparing for MTD for Income Tax.
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
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.
Xero’s ITSA beta in practice
Best Accountancy Services (Plymouth) Ltd successfully onboarded clients using Xero’s ITSA beta software.
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.
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 moreAll 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 moreFrom 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 moreIn 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 moreAt 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.