What is Making Tax Digital for Income Tax (MTD for ITSA)?
Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is a government initiative from HMRC designed to modernise the UK tax system by replacing traditional paper records and annual reporting with digital record keeping and quarterly submissions. If your qualifying income exceeds the relevant threshold, you will need to:
• Keep digital records of your income and expenses.
• Use HMRC-recognised MTD-compatible accounting software.
• Submit quarterly updates to HMRC.
• Complete an annual Final Declaration to confirm your tax position.

Our specialist Making Tax Digital accountants will guide you through every stage of the process, ensuring your business remains compliant and organised.

MTD for ITSA Timeline - When Will It Apply?
Making Tax Digital for Income Tax is being introduced in stages based on your gross qualifying income from self-employment and property before expenses.
HMRC MTD for ITSA Start Dates
• Qualifying income over £50,000 - From 6 April 2026
• Qualifying income over £30,000 - From 6 April 2027
• Qualifying income over £20,000 - From 6 April 2028

If you're unsure whether Making Tax Digital applies to you, Stately Accountants can assess your circumstances and explain exactly what you need to do.
How Our MTD for ITSA Accountants Can Help
Transitioning to Making Tax Digital doesn't need to be difficult. Our experienced accountants provide practical support throughout the year, helping you meet every HMRC requirement while improving the way you manage your finances. Digital Record Keeping
Under MTD for ITSA, you'll need to keep accurate digital records of your business and property income and expenses.
We help you:
• Set up digital bookkeeping systems.
• Maintain compliant accounting records.
• Choose the best cloud accounting software.
• Keep your records organised all year round.

Quarterly HMRC Updates
Instead of reporting your income once a year, you'll submit quarterly updates through compatible software.
Our team will:
• Prepare your quarterly submissions.
• Review your income and expenses.
• Ensure your reports are accurate.
• Help you avoid unnecessary errors and penalties.

Self Assessment Tax Returns & Year-End Support Quarterly updates are not your final tax return.
At the end of the tax year, we'll:
• Prepare your Self Assessment tax return.
• Apply all available tax reliefs and allowances.
• Calculate your final tax liability.
• Submit everything to HMRC on your behalf.

MTD Advice for Sole Traders, Self-Employed Individuals & Landlords
Our Making Tax Digital accountants provide tailored advice for:
• Sole traders
• Self-employed individuals
• Freelancers and contractors
• Property landlords
• Individuals with both self-employment and rental income
Whatever your circumstances, we'll explain your responsibilities in plain English and provide ongoing support throughout the year.

Who Needs to Comply with MTD for Income Tax?
Making Tax Digital for Income Tax may apply if you receive qualifying income from:
• Self-employment
• Sole trader businesses
• UK property rental income
• A combination of self-employment and property income
Eligibility depends on your qualifying income and the relevant tax year.
If you're unsure whether you'll need to comply, our accountants can review your position and advise you accordingly.

Why Choose Stately Accountants?
Choosing the right MTD for ITSA accountant can make the transition to Making Tax Digital straightforward and stress-free.
Our clients benefit from:
• Specialist Making Tax Digital advice
• Experienced UK tax accountants
• HMRC-compliant digital bookkeeping
• Assistance with quarterly submissions
• Self Assessment tax return preparation
• Strategic tax planning
• Fixed-fee accounting services
• Unlimited telephone and email support
• Friendly, professional advice throughout the year
We're committed to helping individuals and businesses remain compliant while saving time and improving their accounting processes.

Why Businesses Choose Stately Accountants for Making Tax Digital?
At Stately Accountants, we don't just help you meet HMRC requirements
we help you build better financial systems. By embracing digital accounting, you can improve accuracy, reduce paperwork, gain better visibility of your finances, and stay prepared for future tax obligations. Our proactive approach means you'll always have expert support whenever you need advice on bookkeeping, tax planning, Self Assessment, allowable expenses, or HMRC compliance.