Making Tax Digital for Income Tax will now be introduced in April 2024

Posted 27th September 2021

HMRC has announced that businesses will have an extra year to prepare for the digitalisation of Income Tax.

Recognising the challenges faced by many UK businesses and their representatives as the country emerges from the pandemic, and having listened to stakeholder feedback, the government will introduce Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) a year later than planned, in the tax year beginning in April 2024.

A later start for MTD for ITSA gives those required to join more time to prepare and for HMRC to deliver a robust service, with additional time for customer testing in the pilot.

Further information on this latest announcement from HMRC and what MTD for ITSA will mean for businesses can be found here.