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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 122 results
INSIGHTS VIEWPOINT Final countdown to ICAEW Annual Conference
  • Article
  • Oct 2026
  • ICAEW Insights
ICAEW’s CEO, Alan Vallance is looking forward to meeting as many members as possible at the institute’s flagship conference next Friday. There’s still time to secure your place, and hear the latest on MTD’s roll out, practical ways to use AI and support on business transformation.
INSIGHTS VIEWPOINT Review the roll-out of MTD, says ICAEW
  • Article
  • Oct 2026
  • ICAEW Insights
In its budget submission, ICAEW has urged the government to conduct a full review of the first reporting cycle under Making Tax Digital (MTD) for income tax before proceeding with the planned roll-out to more taxpayers from April 2027.
INSIGHTS VIEWPOINT Survey reveals mixed views on MTD and HMRC performance
  • Article
  • Sep 2026
  • ICAEW Insights
The Administrative Burdens Advisory Board’s (ABAB’s) latest annual survey suggests that some improvements are being made in how the tax system is administered, although significant challenges remain.
INSIGHTS VIEWPOINT Don’t miss out on the ICAEW Annual Conference
  • Article
  • Sep 2026
  • ICAEW Insights
There’s just two weeks to go until ICAEW’s flagship member event. Join your peers to hear about AI, employment law, ID verification, growth and leadership, MTD and the UK corporate reporting agenda. Network, learn and share your views on what’s affecting finance professionals.
INSIGHTS VIEWPOINT First MTD income tax submission: how did it go?
  • Article
  • Aug 2026
  • ICAEW Insights
Tax advisers have started to report back on their experiences of completing Making Tax Digital (MTD) income tax Q1 submissions, and the verdict is mixed.
INSIGHTS VIEWPOINT HMRC uses information from third parties to target landlords
  • Article
  • Aug 2026
  • ICAEW Insights
During August, HMRC sent letters to taxpayers to encourage them to disclose any income from let property and reminds them that they may have responsibilities to meet under Making Tax Digital (MTD) for income tax.
INSIGHTS VIEWPOINT HMRC to begin signing up taxpayers for MTD income tax
  • Article
  • Aug 2026
  • ICAEW Insights
From September 2026, HMRC will sign up taxpayers within scope of MTD income tax from April 2026 that have not done so themselves. Taxpayers – and agents on their behalf – are encouraged to take action before HMRC does.
Tax news in brief 29 July 2026
  • Article
  • Jul 2026
  • ICAEW Insights
Highlights from the broader tax news for the week ending 29 July 2026, including guidance from HMRC on student loans and Making Tax Digital (MTD) for income tax.
MTD-ready software: what ‘recognised’ really means for your practice
  • Article
  • Jul 2026
  • Sage
With Making Tax Digital (MTD) for Income Tax now underway, many accountants and their clients are asking a simple question: are we ready?
INSIGHTS VIEWPOINT HMRC contacts final group of taxpayers within MTD income tax
  • Article
  • Jun 2026
  • ICAEW Insights
Mandation letters will be sent to taxpayers who filed their 2024/25 self assessment tax return after the 31 January 2026 deadline or amended their return, taking their qualifying income above £50,000.
INSIGHTS VIEWPOINT MTD income tax and claims for averaging relief
  • Article
  • Jun 2026
  • ICAEW Insights
In a change to HMRC’s guidance, not all taxpayers who claimed averaging relief in their 2024/25 self assessment (SA) tax return are automatically exempt from Making Tax Digital (MTD) for income tax for 2026/27.
PRACTICE DEPARTMENT AI and accountants: the rules and guidance you need to follow
  • Article
  • May 2026
  • SAGE
Artificial intelligence is becoming a practical reality for accountancy firms, not a future concept. As Making Tax Digital increases reporting frequency and client touchpoints, many practices are looking for scalable ways to manage growing workloads more efficiently.
Exclusive FARMING AND RURAL BUSINESS COMMUNITY Incorporation – more pitfalls
  • Article
  • May 2026
  • David Missen
  • Farming and Rural Business Community News
As some clients look to swerve the more onerous aspects of Making Tax Digital or indeed personal taxes more generally, we may be seeing a rise in the number of existing businesses converting to an incorporated status (and in the light of the latest consultation as outlined elsewhere in this newsletter, the words “frying pan “ and “fire” nay not be far from the lips of some advisers).
INSIGHTS VIEWPOINT Taxpayers encouraged to sign up to Making Tax Digital
  • Article
  • Apr 2026
  • ICAEW Insights
ICAEW is encouraging taxpayers who are required to use Making Tax Digital (MTD) for income tax from April 2026 to sign up now if they have not done so already.
INSIGHTS VIEWPOINT How to get help with MTD quarterly updates
  • Article
  • Apr 2026
  • ICAEW Insights
The first quarterly updates for Making Tax Digital (MTD) for income tax are due for submission to HMRC by 7 August 2026. Join ICAEW’s Tax Faculty at a webinar on 9 July 2026 to learn more.
INSIGHTS VIEWPOINT HMRC updates its guidance on Making Tax Digital exemptions
  • Article
  • Apr 2026
  • ICAEW Insights
ICAEW’s Tax Faculty explains the implications of recent changes to HMRC’s guidance on exemptions from Making Tax Digital (MTD) for income tax, including for taxpayers who complete the SA109 supplementary pages to the tax return.
INSIGHTS VIEWPOINT Give your views on the tax issues facing small businesses
  • Article
  • Apr 2026
  • ICAEW Insights
Small businesses and agents can provide feedback on a range of areas, including Making Tax Digital (MTD) for income tax, by completing the Administrative Burdens Advisory Board’s (ABAB) annual survey.
Engagement letters and privacy notices update
  • Article
  • Apr 2026

We have issued updated engagement letter templates, revisions include dedicated schedules covering identity verification, filing of company accounts on behalf of clients, Making Tax Digital services and agreed upon procedures.

INSIGHTS VIEWPOINT HMRC clarifies position on Making Tax Digital and cessations
  • Article
  • Apr 2026
  • ICAEW Insights
The taxpayer or their agent should notify HMRC by phone or webchat where the taxpayer is within Making Tax Digital (MTD) for income tax from April 2026 but all of their sources of income for MTD income tax ceased before that date.
Tax news in brief 31 March 2026
  • Article
  • Mar 2026
  • ICAEW Insights
Highlights from the broader tax news for the week ending 31 March 2026, including updates on Making Tax Digital (MTD) for income tax and the Carbon Border Adjustment Mechanism (CBAM).
INSIGHTS VIEWPOINT HMRC updates its guidance for childminders
  • Article
  • Mar 2026
  • ICAEW Insights
Childminders must follow the normal rules for claiming tax relief for expenses and keeping business records from the date that they first come within Making Tax Digital (MTD) for income tax.
Tax news in brief 24 March 2026
  • Article
  • Mar 2026
  • ICAEW Insights
Highlights from the broader tax news for the week ending 24 March 2026, including updates on Making Tax Digital (MTD) for income tax and the construction industry scheme (CIS).
PRACTICE DEPARTMENT MTD for income tax is taking off – here is your 6-step plan
  • Article
  • Mar 2026
  • IRIS
It's time to buckle up. MTD for income tax is no longer on the horizon; it's on the runway, and it's nearly time for take-off. This 6-step 'best practice' summary from IRIS can help.
INSIGHTS VIEWPOINT Penalty regime for MTD for income tax becomes clearer
  • Article
  • Mar 2026
  • ICAEW Insights
ICAEW’s Tax Faculty highlights key points from HMRC guidance on the new penalty regime that applies to taxpayers who use Making Tax Digital (MTD) for income tax.
INSIGHTS VIEWPOINT Getting help from HMRC with Making Tax Digital
  • Article
  • Mar 2026
  • ICAEW Insights
HMRC has informed ICAEW that agents can now resolve Making Tax Digital (MTD) for income tax queries by calling the agent dedicated line and using webchat, and has shared best practice on applying for an exemption.
COMMERCIAL PARTNERSHIPS Why Accountants Matter More Than Ever in the Age of AI and MTD
  • Article
  • Mar 2026
  • Katie Greet, Principal Professional Services Consultant at Intuit QuickBooks
The convergence of Making Tax Digital (MTD) for Income Tax and the accelerated adoption of Artificial Intelligence (AI) by clients is not a threat, but a pivotal moment, forcing the elevation of the accounting profession. This transformation positions accountants as strategic advisors, auditors of AI-assisted data, and guides through digital change.
INSIGHTS VIEWPOINT MTD for income tax: ‘sign up your clients now’
  • Article
  • Mar 2026
  • ICAEW Insights
Accountancy practices are encouraged to get moving with client sign-ups as the start date for Making Tax Digital (MTD) for income tax approaches.
INSIGHTS VIEWPOINT MTD for income tax: delays in changing VAT periods
  • Article
  • Mar 2026
  • ICAEW Insights
Businesses and agents who are considering changing VAT accounting periods to align with Making Tax Digital (MTD) for income tax should be aware that HMRC may take longer than normal to approve the change.
INSIGHTS VIEWPOINT Prepare for 2026/27: Businesses
  • Article
  • Feb 2026
  • ICAEW Insights
April 2026 sees the start of Making Tax Digital (MTD) for income tax, changes to capital allowances and the construction industry scheme (CIS), and the introduction of a new VAT relief for qualifying donations of goods to charities.
INSIGHTS VIEWPOINT HMRC to send final batches of MTD mandation letters
  • Article
  • Feb 2026
  • ICAEW Insights
The letter informs the taxpayer that they must comply with Making Tax Digital (MTD) for income tax from April 2026 based on the information included in their self assessment tax return for 2024/25.
Displaying 1-30 of 122 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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