The Exchequer Secretary to the Treasury James Murray MP said he decided to commit to the timeframe for Making Tax Digital for Income Tax Self-Assessment following ‘robust’ conversations with HMRC in the summer. He also said he took on the role as chair of the HMRC Board – becoming the first minister to hold that position – because ‘working on the delivery side is something that I want to be fully integrated in.’
MTD for ITSA is due to be introduced in phases: from April 2026 for self-employed businesses and landlords with income over £50 000; and extended in April 2027 to those with income over £30 000. In the recent Budget it was announced that MTD for ITSA will be extended further to sole traders and landlords with income over £20 000 by the end of this parliament.
Speaking with Tax Journal Murray said:...
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The Exchequer Secretary to the Treasury James Murray MP said he decided to commit to the timeframe for Making Tax Digital for Income Tax Self-Assessment following ‘robust’ conversations with HMRC in the summer. He also said he took on the role as chair of the HMRC Board – becoming the first minister to hold that position – because ‘working on the delivery side is something that I want to be fully integrated in.’
MTD for ITSA is due to be introduced in phases: from April 2026 for self-employed businesses and landlords with income over £50 000; and extended in April 2027 to those with income over £30 000. In the recent Budget it was announced that MTD for ITSA will be extended further to sole traders and landlords with income over £20 000 by the end of this parliament.
Speaking with Tax Journal Murray said:...
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