HM Revenue & Customs is implementing Making Tax Digital (MTD) for Income Tax Self-Assessment, a digital tax reporting requirement that mandates quarterly submissions for eligible taxpayers. The government is reducing the mandation threshold from £30,000 to £20,000 from April 2028, with ongoing scrutiny of SME compliance costs and calls to extend the rollout period and reduce reporting frequency.
In response to: Making Tax Digital (MTD) for Income Tax
Screening Equality Impact Assessment for Making Tax Digital (MTD) for Income Tax
In response to: Modernising the tax system through Making Tax Digital
In response to: Making Tax Digital for VAT - screening equality impact assessment
Screening equality impact assessment for Making Tax Digital (MTD) for VAT.
In response to: Customer costs and benefits for the next phases of Making Tax Digital
In response to: Dynamic coding-out of Self Assessment
This is HM Revenue and Customs' initial equality impact assessment.