Largest UK tax change since 2002
Making Tax Digital isn't optional.
From April 2026 the once-a-year Self Assessment is replaced with five touchpoints — four quarterly updates plus the End of Period Statement. Here's what to do, when, and what happens if you don't.
Next MTD ITSA submission window
5×
Submissions per year (vs 1 today)
£200
Penalty per missed submission after 4 points
10 min
What we keep your quarterly time to
The rollout
Three waves. Yours is one of them.
- April 2026£50,000+income threshold
Self-employed people and landlords with combined gross income above £50k are first into the regime.
- April 2027£30,000+income threshold
Threshold drops. ~700,000 additional UK taxpayers brought into MTD.
- April 2028£20,000+income threshold
Threshold drops again. The vast majority of self-employed people will be inside the regime.
What actually changes
From one filing a year to five.
Before MTD ITSA
- 1 × annual Self Assessment (deadline 31 Jan)
- Bookkeeping can be retrospective
- Paper records acceptable
- Late-filing = single £100 penalty + interest
After MTD ITSA
- 4 × quarterly updates + End of Period Statement + Final Declaration
- Digital record-keeping mandatory
- MTD-compatible software required
- Points-based penalties: 4 points = £200, then £200 per miss
How we keep it 10 minutes
We do the four submissions. You approve them.
On signup we connect your bank feed and set up the receipt capture. Each quarter the portal nudges you for whatever's missing — usually a 10-minute review on your phone — and we file the submission with HMRC the same day you approve it.