The biggest change to happen to Self Assessment reporting is coming 2025/2026!

MTD for ITSA will create new record-keeping, reporting and technology obligations upon which any qualifying business or property landlord must comply.

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From 6th April 2026 any sole trader (including landlords) with an annual turnover of over £50,000 (£30,000 as of 6th April 2027) must submit a quarterly return detailing their income and expenditure, in addition to the normal annual tax return. This must also be done via HMRC approved software, meaning that your records must be kept digitally.

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This is one of the biggest changes to Self Assessment in history and we are here to guide you through it and make the transition as smoothly as possible. 

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Details of the new scheme are still being released, with HMRC launching a big campaign concerning this from summer 2025 - we will update this page as new information comes to light

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