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Questions and Answers / Re: HMRC New Rules?
« Last Post by englishrebecca121 on 03 May 2025, 05:24:22 pm »Who Needs to Sign Up for MTD for ITSA?
From April 2026, MTD for ITSA applies to individuals with a total gross income over £50,000 from self-employment and/or property. Those earning between £30,000 and £50,000 will join the scheme in April 2027. If your combined income from two self-employments meets these thresholds, you’ll need to comply.
Under £30,000 as its stands now you will not need to comply with MTD
From April 2026, MTD for ITSA applies to individuals with a total gross income over £50,000 from self-employment and/or property. Those earning between £30,000 and £50,000 will join the scheme in April 2027. If your combined income from two self-employments meets these thresholds, you’ll need to comply.
Under £30,000 as its stands now you will not need to comply with MTD