Get ready for Making Tax Digital for Income Tax Self Assessment before April 2026

Stay ahead of the changes and ensure compliance with Squeegee’s HMRC recognised platform which seamlessly integrates tax submissions into your routine business management, with no need for separate systems. Squeegee is investing over £1 million in developing the required features and HMRC integrations for Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA). We already automate VAT calculations and submissions and soon we’ll do the same for MTD for ITSA.

What’s Changing? From 6 April 2026, MTD for ITSA will be introduced in phases. If your income meets the threshold, you’ll need to:

✅ Keep digital records of your income and expenses. ✅ Submit quarterly updates to HMRC using compatible software. ✅ Complete an End of Period Statement (EOPS) and Final Declaration each year.

Who Needs to Comply? April 2026: Self-employed individuals and landlords earning over £50,000. April 2027: Those earning over £30,000. April 2028: Those earning over £20,000.

How to Prepare

Check if you’re affected Determine if your total business or rental income will exceed £50,000 by April 2026. If not, stay informed about upcoming phases.

Choose HMRC compliant software All digital records and submissions must be made using compatible software. Squeegee is HMRC-compliant, allowing you to file directly—no need for extra subscriptions.

Go digital with your records Ditch the spreadsheets! Squeegee automatically logs invoices, payments and expenses keeping everything in one place.

Submit quarterly updates effortlessly From April 2026, if your income exceeds £50,000, you must send quarterly updates to HMRC. With Squeegee, you can do this easily, without extra software.

Complete your year-end tax submissions Submit an End of Period Statement (EOPS) and Final Declaration to finalise your tax return. Squeegee will ensure compliance with built-in reporting and accounting integrations.

For further details, visit HMRC’s website