21/10/2025
🎉 What a fantastic day at the Xero Roadshow at Sandy Park, Exeter!
A brilliant day connecting with fellow professionals, exploring the latest in cloud accounting, and discussing the upcoming changes around Making Tax Digital for Income Tax Self Assessment (MTD ITSA).
Key MTD ITSA updates:
- From April 2026, sole traders and landlords with qualifying income over £50,000 will be required to keep digital records and submit quarterly updates to HMRC using compatible software.
- From April 2027, this will extend to those earning over £30,000.
- From April 2028, the threshold will lower again to £20,000.
These changes mark a significant shift in how income tax is reported. If you're unsure how this affects you or your business, or if you need any help, don’t hesitate to get in touch with us. We’re here to support you every step of the way.