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Making Tax Digital - articles

Features and articles from ICAEW on the Making Tax Digital (MTD) programme in the UK.

Displaying 1-30 of 201 results
INSIGHTS VIEWPOINT HMRC more than doubles its compliance yield from wealthy individuals
  • May 2025
  • ICAEW Insights
In 2023-24, HMRC collected or protected £5.2bn in tax from wealthy individuals that would otherwise have been lost, up from £2.2bn in 2019-20, the National Audit Office (NAO) has reported.
Tax news in brief 20 May 2025
  • May 2025
  • ICAEW Insights
Highlights from the broader tax news for the week ending 20 May 2025, including: more Making Tax Digital events from HMRC; and a survey on senior accounting officer processes.
INSIGHTS VIEWPOINT How members are putting MTD into practice
  • May 2025
  • ICAEW Insights
Many practices are advancing their Making Tax Digital for income tax roadmap, informing clients, researching software solutions and testing early – but the road ahead remains dotted with challenges.
PRACTICE DEPARTMENT Making Tax Digital for landlords: what accountants need to know
  • May 2025
  • Hammock
  • Practicewire
Making Tax Digital for Income Tax (MTD income tax) is getting closer—and it’s going to affect millions of UK landlords and sole traders. For accountants like you, that means more clients needing support, sooner than they might realise.
INSIGHTS VIEWPOINT MPs call on HMRC to address challenges in tax administration
  • May 2025
  • ICAEW Insights
Parliament’s Public Accounts Committee’s report reveals the challenges faced by HMRC in administering the increasingly complicated tax system, emphasising the need for simplification, improving trust among taxpayers and learning lessons from the implementation of MTD.
INSIGHTS VIEWPOINT TECHNICAL ROUND UP Technical round-up: April 2025
  • Apr 2025
  • ICAEW Insights
This month’s top stories feature new sanctions for tax advisers; a warning for couples with furnished holiday lets; and a dip in HMRC performance.
INSIGHTS VIEWPOINT CYBER ROUND-UP Cyber security: fake payments, receipts and invoices on the rise
  • Apr 2025
  • ICAEW Insights
April cyber round-up: new technologies are creating new threats. Here’s how accountants can guard against them.
Tax news in brief 29 April 2025
  • Apr 2025
  • ICAEW Insights
Highlights from the broader tax news for the week ending 29 April 2025, including: updates to HMRC’s guidance on, and software page for Making Tax Digital (MTD) for income tax; and new guidance on VAT grouping in the care industry.
INSIGHTS VIEWPOINT HMRC explains agent roles for MTD income tax
  • Apr 2025
  • ICAEW Insights
New guidance published by HMRC sets out how main and supporting agents can help taxpayers manage their obligations under Making Tax Digital (MTD) for income tax.
INSIGHTS VIEWPOINT Tips for preparing for MTD for income tax
  • Apr 2025
  • ICAEW Insights
Making Tax Digital (MTD) for income tax will be phased in from April 2026 for many individuals with self employment and/or property income. ICAEW’s Tax Faculty explains the steps that agents can take now to prepare for the changes ahead.
PRACTICE DEPARTMENT Preparing your practice for MTD: effective pricing strategies for success
  • Apr 2025
  • Sage
  • Practicewire
With Making Tax Digital (MTD) for Income Tax on the horizon, accountancy firms need a proactive and structured approach to pricing. Direct from the experts at Sage, who are running free MTD practice consultations, here’s how to build a value-driven, transparent, and sustainable pricing model that works for both you and your clients.
INSIGHTS VIEWPOINT INSIGHTS SPECIAL Cloud accounting software: lessons from failure of Bench
  • Apr 2025
  • ICAEW Insights
Canadian cloud software provider Bench Accounting had a narrow escape from bankruptcy at the end of 2024. What happened offers lessons for the accountancy sector on this side of the Atlantic.
Tax news in brief 9 April 2025
  • Apr 2025
  • ICAEW Insights
Highlights from the broader tax news for the week ending 9 April 2025, including: an update on legislation to enact changes announced at the Autumn Statement 2024; and new guidance for agents on Making Tax Digital (MTD) for income tax.
INSIGHTS VIEWPOINT Government considers extending R&D advanced clearance service
  • Mar 2025
  • ICAEW Insights
After preliminary discussions with key stakeholders, including ICAEW, a consultation on widening the advanced clearance process for research and development (R&D) tax relief was published alongside the Spring Statement on 26 March 2025.
INSIGHTS VIEWPOINT ECONOMIC UPDATE Chancellor walks tightrope over uncertain landscape
  • Mar 2025
  • ICAEW Insights
Despite welcome improvements to the OBR forecast and positive noises on defence spending and capital investment in the Spring Statement, the economy remains on shaky ground.
INSIGHTS VIEWPOINT TECHNICAL ROUND UP Technical round-up: March 2025
  • Mar 2025
  • ICAEW Insights
This month’s top stories feature 300,000 people who no longer need to submit a tax return, 10 tax changes taking effect from this April, and HMRC launching a new agent query resolution service.
INSIGHTS VIEWPOINT MTD income tax will be extended in 2028
  • Mar 2025
  • ICAEW Insights
Alongside the Spring Statement 2025, it was announced that Making Tax Digital (MTD) for income tax will be extended to those with turnover of more than £20,000 from April 2028. Taxpayers in MTD income tax will need to use commercial software for their final tax return.
TAX FACULTY Follow the numbers: 10 years of MTD
  • Mar 2025
  • ICAEW
  • Taxline
It has been 10 years since the then Chancellor of the Exchequer, George Osborne, fired the starting gun on what was to become Making Tax Digital. HMRC has declared MTD for VAT a success but challenges lie ahead in the phased introduction of MTD for income tax from April 2026.
INSIGHTS VIEWPOINT How do changes to tax come into effect?
  • Mar 2025
  • ICAEW Insights
The government announces changes to tax rules, rates and allowances at the Budget and other fiscal events. We explain how these changes become law in a new video.
INSIGHTS VIEWPOINT Agent accounts may be suspended if suspicious activity suspected
  • Mar 2025
  • ICAEW Insights
Several ICAEW member firms have experienced their HMRC agent accounts being suspended without notice. In its latest Agent Update, HMRC explains why it takes this action and what agents need to do.
Tax news in brief 19 March 2025
  • Mar 2025
  • ICAEW Insights
Highlights from the broader tax news for the week ending 19 March 2025, including: HMRC guidance on the implications of the abolition of furnished holiday lettings treatment; and help from HMRC with preparing for Making Tax Digital for income tax.
INSIGHTS VIEWPOINT ICAEW marks making tax digital’s 10th birthday
  • Mar 2025
  • ICAEW Insights
Ten years ago today, George Osborne laid the foundations for making tax digital (MTD), promising to “abolish the tax return altogether”. ICAEW’s Tax Faculty looks back at the key events and considers the future of MTD.
PRACTICE DEPARTMENT Prepare for MTD income tax: Tackling client conversations
  • Mar 2025
  • Rebecca Benneyworth
  • Practicewire
As HMRC plans to increase awareness of making tax digital (MTD) for income tax, Rebecca Benneyworth shares her thoughts on conversations that practitioners should be having with affected clients.
Tax news in brief 12 March 2025
  • Mar 2025
  • ICAEW Insights
Highlights from the broader tax news for the week ending 12 March 2025, including: the closure of CATO; an update on MTD for income tax; and an increase in the official rate of interest.
Tax news in brief 5 march 2025
  • Mar 2025
  • ICAEW Insights
Highlights from the broader tax news for the week ending 5 March 2025, including: Finance Bill 2024-25 developments; new figures from HMRC on the impacts of the off-payroll working reforms; and an update on Making Tax Digital (MTD) software.
INSIGHTS VIEWPOINT ICAEW’s tax content can help you keep up to date
  • Mar 2025
  • ICAEW Insights
Get up to speed with the hot topics in tax and meet your continuing professional development (CPD) obligations. See our latest updates on MTD for income tax, R&D tax relief, payrolling benefits in kind, employee ownership trusts and VAT.
TAX FACULTY MTD quiz: what do you know?
  • Feb 2025
  • ICAEW
  • Taxline
Making Tax Digital for income tax is on its way, but how much do you really know? Test your knowledge with our quiz.
Tax news in brief 26 February 2025
  • Feb 2025
  • ICAEW Insights
Highlights from the broader tax news for the week ending 26 February 2025, including: a new feature in the agent services account (ASA); and an opinion from the general anti-abuse rule (GAAR) advisory panel on inheritance tax (IHT) arrangements.
INSIGHTS VIEWPOINT HMRC to start contacting taxpayers about making tax digital
  • Feb 2025
  • ICAEW Insights
HMRC has informed agents that, from April 2025, it will write to sole traders and landlords who may need to comply with making tax digital (MTD) for income tax from April 2026.
Tax news in brief 19 February 2025
  • Feb 2025
  • ICAEW Insights
Highlights from the broader tax news for the week ending 19 February 2025, including: an update from HMRC on the progress of some R&D tax relief enquiries; and updated HMRC guidance on employment status.
Displaying 1-30 of 201 results

Free webinar on MTD ITSA

Making Tax Digital income tax self assessment (MTD ITSA) is scheduled to start from April 2026. The outcome of the policy review for small businesses was announced in November 2023 and amended regulations were laid before parliament in February 2024. HMRC is launching a private beta pilot for 2024/25, starting in April. Join the tax team for the latest information, including the pros and cons of joining the pilot.

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