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Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA)

Are you self-employed or earning rental income?

 

These changes might feel like a big adjustment - but don’t worry.

 

We’re here to turn this transition into an opportunity to streamline your

business and simplify your tax process.

What’s Changing?

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From 6 April 2026, if your gross income (before expenses) from

self-employment and property (added together) exceeds £50,000, you’ll need to: - 

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- Use approved digital software to track your income and expenses.

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- Submit quarterly updates of your income to HM Revenue & Customs.

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- File an End of Period Statement and a Final Declaration to confirm your annual tax position.

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From 6 April 2027, these requirements will extend to individuals earning between £30,000 and £50,000.

According to the latest government plans, individuals with gross income over £20,000 may also be included before the next election.

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Why Choose Scott Vevers for Your MTD Journey?

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As Xero Online Software Champions with expertise in multiple accounting platforms, we offer:

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Comprehensive Support Package

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  • Software Setup & Training: Expert guidance on Xero, QuickBooks, or Sage

  • Flexible Service Levels: From full management to light-touch support

  • Personalised Solutions: Quotes tailored to your business needs

  • Proactive Compliance: Stay ahead of deadlines and requirements

 

Take Action Now!

Don't wait until 2026. Start your digital transformation today:

Book your free consultation now

  • Get Your Personalised MTD Plan

    • Software recommendations

    • Training requirements

    • Support level assessment

  • Begin Your Digital Journey

    • Smooth implementation

    • Expert guidance

    • Peace of mind

 

Your Success is Our Priority

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As regulated members of The Institute of Chartered Accountants in England & Wales, we ensure your transition to MTD is:

  • Compliant

  • Efficient

  • Cost-effective

  • Stress-free

 

Ready to discuss your MTD preparation? Contact our expert team for a free 30-minute consultation.

Scott Vevers is the trading name of Scott Vevers Ltd.

Registered in England - Company No: 06640217

Registered Office: 36 Corfe Road, Weymouth, Dorset, DT3 5RH

Scott Vevers are registered to carry out audit work in the UK and regulated for a range of investment business activities by The Institute of Chartered Accountants in England & Wales.

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