HMRC have published guidance on Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) covering how to catch up with digital records and submit quarterly updates during the tax year.
HMRC remind those who have signed up to the testing phase of MTD for ITSA part way through the tax year that because in-year late-submission penalties do not apply there is no need to catch up with digital record keeping straight away. All updates will however need to be provided to HMRC before filing the self-assessment tax return (by the 31 January online filing deadline).
HMRC have published guidance on Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) covering how to catch up with digital records and submit quarterly updates during the tax year.
HMRC remind those who have signed up to the testing phase of MTD for ITSA part way through the tax year that because in-year late-submission penalties do not apply there is no need to catch up with digital record keeping straight away. All updates will however need to be provided to HMRC before filing the self-assessment tax return (by the 31 January online filing deadline).
