Making Tax Digital Income Tax Self Assessment (MDT ITSA): For the Self Employed and Landlords.
6th April 2024: MDT ITSA starts for both self-employed businesses, and landlords with business turnover above a £10,000 threshold must retain digital records of business trade and/or property rental income and expenses using 'functional compatible software' with HMRC.
These measures have already been delayed by a year and were due to start in April 2023.
6th April 2025: General Partnerships come under MTD ITSA rules on this date.
An MTD ITSA pilot scheme is already up and running.