Making Tax Digital for Income Tax Self Assessment (MTD ITSA): How Ambitious Accountants Can Help You Prepare

The UK’s tax system is changing — and Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is at the heart of this digital transformation.

From April 2026, self-employed individuals and landlords earning over £50,000 will need to keep digital business records and send quarterly updates to HMRC. In April 2027, the requirement will extend to those with income over £30,000.

The goal is to make tax reporting more accurate and efficient, but for many taxpayers, it represents a major shift in how they manage their finances. That’s where Ambitious Accountants can help — handling everything for you so you stay compliant and in control.

What Is MTD ITSA?

MTD ITSA is part of the government’s Making Tax Digital initiative, designed to modernise the UK tax system.

Currently, individuals submit a single annual Self Assessment tax return. Under MTD ITSA, those affected will need to:

  • Keep digital records of income and expenses throughout the year.

  • Send quarterly updates to HMRC using compatible software.

  • Complete a Final Declaration after the end of the tax year to confirm all information is complete and accurate.

This system gives both you and HMRC a more up-to-date view of your finances, reducing errors and last-minute surprises at tax time.

Who Needs to Comply?

MTD ITSA will apply to:

  • Sole traders earning over £50,000 (reducing to £30,000 in 2027).

  • Landlords with property income above the same thresholds.

  • Individuals with combined business and property income exceeding the limit.

Even if you’re not yet required to join, preparing early ensures a smooth transition and avoids disruption once the rules take effect.

How Ambitious Accountants Can Help

At Ambitious Accountants, we take care of everything — from maintaining your digital records to submitting updates and completing your Final Declaration. You won’t have to worry about deadlines, data entry, or HMRC compliance.

Here’s how we support you:

1. Complete MTD ITSA Management

We manage the full process on your behalf — ensuring your records are accurate, submissions are on time, and your tax affairs remain compliant at every stage.

2. Quarterly Updates Submitted for You

Our team prepares and submits your quarterly figures directly to HMRC. After each submission, we’ll review your results and keep you informed of your business’s financial position throughout the year.

3. Final Declaration

At the end of the tax year, we’ll complete your Final Declaration, confirming that all your income and expense information is accurate before submission to HMRC. This ensures your year-end tax position is correct and compliant.

4. Ongoing Guidance and Support

We keep track of all MTD updates, regulations, and deadlines — so you don’t have to. Our accountants are always available to provide advice and support, giving you peace of mind that everything is handled professionally.

5. Proactive Tax Planning

Regular reporting provides valuable insight into your finances. We use that information to offer strategic tax advice, helping you plan ahead and make informed business decisions.

Why Choose Ambitious Accountants?

At Ambitious Accountants, we believe digital compliance should make your life easier — not more complicated.
Our expert team manages every step of the MTD ITSA process, ensuring your tax obligations are met seamlessly and efficiently.

With us, you’ll benefit from:

  • Full-service MTD ITSA management

  • Accurate quarterly submissions and Final Declarations

  • Expert tax advice and financial insights

  • A dedicated accountant who understands your business

We make digital tax simple, accurate, and stress-free.

Get Ready for MTD ITSA with Confidence

The move to Making Tax Digital is coming — but with the right support, you can be fully prepared.

Ambitious Accountants will handle your MTD ITSA obligations from start to finish, giving you confidence that your tax affairs are in expert hands.

📞 Contact us today to learn how we can manage MTD ITSA for you.
Let’s make digital tax compliance easy, efficient, and worry-free.