Taxation
Making Tax Digital - Income Tax
Making Tax Digital (MTD) for Income Tax
Stay Compliant with CityEdge’s MTD for Income Tax Services
At CityEdge, we help businesses and self-employed individuals adapt to the new Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA)requirements. With HMRC’s shift towards a fully digital tax system, staying compliant means keeping digital records and submitting updates throughout the year. Our expert guidance ensures a seamless transition, minimising disruption while keeping your taxaffairs in order
What Is Making Tax Digital for Income Tax?
MTD for Income Tax is HMRC’s initiative to modernise tax reporting. From April 2026, self-employed individuals and landlords earning over £50,000annually must keep digital records and submit quarterly tax updates using MTD-compatible software. The threshold will extend to those earning over £30,000from April 2027.
Navigating these changes can be overwhelming, but CityEdge is here to help. We ensure that you remain compliant, avoid penalties, and take full advantage of digital tax efficiencies.
How We Can Support You
We offer a range of MTD-compliant services, including:
- MTD Software Setup & Integration – Helping you transition to compatible software for digital record-keeping.
- Quarterly Tax Filing Assistance – Ensuring accurate and timely submissions to HMRC.
- Tax Planning & Compliance – Providing expert advice to maximise allowances and minimise liabilities.
- HMRC Liaison – Handling all communication with HMRC on your behalf.
- Ongoing Support & Training – Guiding you through the digital process and software usage.
Who Needs to Comply with MTD for Income Tax?
The new MTD rules apply to:
- Self-Employed Individuals - Sole traders earning above the threshold.
- Landlords - Those with rental income exceeding £50,000 (from 2026) or £30,000 (from 2027).
- Partnerships - Expected to join the scheme in future phases.
- Businesses Transitioning from Traditional Record - Keeping - Those who still maintain paper-based or non-compliant digital records.
Why CityEdge?
- Expert Knowledge of HMRC Regulations - Our team stays up to date with the latest MTD requirements.
- Seamless Digital Transition - We handle everything, from software selection to compliance checks.
- Time & Cost Savings - Automating tax processes to improve efficiency and reduce errors.
- Personalised Service - Tailored a dvice to fit your specific tax situation.
- Transparent Pricing - No hidden fees, just expert service at competitive rates.
Common Challenges We Solve
- Understanding MTD requirements and deadlines.
- Choosing and implementing the right digital tax software.
- Avoiding penalties for non-compliance.
- Managing multiple income streams under MTD regulations.
- Navigating HMRC audits and inquiries.
The CityEdge Difference.
At CityEdge, we don’t just ensure compliance; we help you embrace digital efficiencyto improve financial management. Partnering with us means a hassle-free experience, so you can focus on growing your business while we handle your tax obligations
Get Started Today
Ensure your business is MTD-readywith CityEdge’s expert support. Get in touch with us today to simplify your transition and stay ahead of tax compliance