MTD ITSA 2026: How to Get Ahead Of Making Tax Digital for Income Tax

Описание: MTD ITSA 2026 is closer than you think. In this video, chartered accountant Ben explains exactly how Making Tax Digital for Income Tax Self Assessment (MTD ITSA) will change the way UK landlords, sole traders, freelancers & small-business owners report to HMRC—and shows you step-by-step how to get ready before the 2026 deadline.

In this video you’ll learn
What MTD ITSA is and why HMRC is moving to five submissions a year

Who must comply & when – £50k, £30k (and likely £20k) turnover thresholds

Quarterly updates vs. annual return: key dates & penalties to avoid

Required software & record-keeping tips for digital compliance

Free MTD ITSA Action Plan – interactive checklist, timeline & software guide

How early preparation can save tax, time and stress

Chapter
00:00 Intro – Why Making Tax Digital (MTD ITSA) matters
00:48 What is MTD for Income Tax Self-Assessment?
01:25 HMRC’s real motive – the £780 m tax grab & audits
02:14 Roll-out timeline & turnover thresholds (£50k → £30k)
03:24 Practical changes: approved software & digital records
04:05 Filing frequency – quarterly returns + VAT clashes (5-9 per year)
04:28 New MTD deadlines (May · Aug · Nov · Feb) & admin load
04:44 Hidden costs & HMRC readiness concerns
05:40 Free Action Plan: get MTD-ready early
06:13 Action-plan walkthrough – checklist, phased timeline, software guide
08:40 Download your free plan & next steps
09:34 Drop your MTD questions

Download your FREE MTD ITSA Action Plan
Get the readiness assessment, software comparison, quarterly workflow templates here and updates➜ https://MTDforsoletraders.co.uk

Need help?
Drop your MTD ITSA questions in the comments — Ben will answer in future videos.
👉 For one-to-one support, visit www.yourecommerceaccountant.co.uk

Resources & further reading
• HMRC guidance on qualifying income & 2026–27 rollout https://www.gov.uk/guidance/check-if-...

• HMRC “One year to go” press release https://www.gov.uk/government/news/on...

⚠️ Disclaimer
This video is for educational purposes only and does not constitute personalised tax advice. Always consult a professional adviser for your specific circumstances.

Hashtags
#MTDITSA #MakingTaxDigital #IncomeTax #SelfAssessment #HMRC #UKLandlords #SoleTrader