Hmrc Making Tax Digital For Self-assessment Tax
December 9, 2022 ⚊ 1 Min read ⚊ Views 90 ⚊ FINANCE
Individuals with business and rental income over £10,000 per annum will need to make quarterly report under MTD ITSA (Making Tax Digital for Income Tax Self-Assessment) from April 2024. This includes landlords and many sole traders. Few partnerships with business and rental income over £10,000 per annum will be needed to prepare quarterly reports under MTD ITSA from April 2025.
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Tags: chartered accountants in UK, tax advisor in UK
