Making Tax Digital for Income Tax: What Changed and Why It Matters

Making Tax Digital for Income Tax is often described as another business burden. It is not.

In this webinar, Nordens Chartered Accountants provided a clear and practical explanation of what is changing, who is affected, and how quarterly reporting will operate under the new regime introduced by HMRC.

For many business owners, landlords and sole traders, MTD for Income Tax will quietly change how income is reported, when information is shared with HMRC, and what being up to date really means in practice.

This session was not a walkthrough of software or simply a list of deadlines. Instead, it focused on the real implications of the reform and how understanding the structure early supports better organisation, stronger financial visibility and more informed decision making throughout the year.

In this session we covered:

• What Making Tax Digital for Income Tax requires in practice and what it does not
• Who is affected and when the changes apply
• The differences between current reporting and MTD quarterly submissions
• Why quarterly reporting does not mean quarterly tax bills
• The new penalty regime and compliance considerations
• How Nordens supports clients through the transition

Whether your mandated start date is approaching or still some way off, understanding the framework now allows you to prepare properly and avoid unnecessary pressure later.

Speakers

Elizabeth Bello – Tax Manager, Nordens Chartered Accountants
Hollie Watson – Senior Cloud Division Manager, Nordens Chartered Accountants
Ashlee Cooper – Chief Marketing Officer, Nordens Chartered Accountants

If you would like to discuss how Making Tax Digital for Income Tax may affect your business or property income, our team would be happy to help.

📧 Email: enquiries@nordens.co.uk
📞 Telephone: 020 8369 5483
🌐 Website: https://www.nordens.co.uk