Why Making Tax Digital for ITSA offers opportunity

Xero's whitepaper delves into MTD for ITSA's impact on the tax landscape and how to maximise opportunities for growth from the upcoming changes.

Making Tax Digital for Income Tax will affect 4.2 million UK businesses — almost double that of Making Tax Digital for VAT.

In this whitepaper, which has been updated to reflect the December 2022 announcement, accountancy software provider Xero explores how accountants and bookkeepers in practice can leverage the upcoming legislative change to deliver more value to clients.

What you'll learn

• The key MTD ITSA facts and changes
• Real-time information in the new tax landscape
• Opportunity for growth by supporting sole trader and landlord clients
• Why digital record keeping can never start too soon