Delay to MTD for Self-Assessment announced

March 1, 2023

HMRC has announced a postponement to MTD for ITSA until 2026

After much anticipation, HMRC recently announced a delay to the introduction of MTD for Income Tax Self-Assessment (MTD for ITSA). HMRC announced the delay for a further two years, with an anticipated start date of April 2026. 

Aside from the delay, HMRC also announced a new staggered approach whereas previously all sole traders and landlords with a turnover of more than £10,000 were required to record keep digitally and submit quarterly summaries of income and expenditure to HMRC. The main requirement was to submit quarterly via compliant software from April 2024. 

However, with the implementation now due to take place from April 2026, HMRC also announced a phased implementation: 

  1. From April 2026, all self employed and landlords with income over £50,000 will be mandated to join the MTD for ITSA scheme first.
  2. From April 2027, all with income over £30,000 will be mandated to join MTD for ITSA 

HMRC also announced that the MTD for ITSA requirements for Partnerships have been postponed until further notice. 

The changes come as the UK government understand the challenges facing businesses and self-employed individuals and therefore realise that the transition to MTD for ITSA is a significant change for all parties involved, meaning more time is required to ensure a smoother transition. 

So, what does this mean for you? 

We would still encourage you to implement digital accounting software now to allow for real time reporting and allow you to make more informed business decisions. Having access to your records digitally will allow you to have a full picture of how your business is performing and where efficiencies could be made. Digital accounting software is cost effective and will allow you to be familiar with the software ahead of the scheduled implementation of MTD for ITSA. Not only this, but the software can be accessed remotely, meaning our team can assist you in setting up the software and provide you with training so that you are familiar with how to use the software ahead of the new changes. 

If you would like to explore the options available to you, please contact us and we can help you with the next steps. 

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Robert Pattie

Position: Tax Manager
Email: robert.pattie@alexandersloan.co.uk
Phone: 0141 204 8989

I am a Chartered Tax Adviser originally training as an Inspector of Taxes  followed by thirty years’ experience  in professional practice.

I joined Alexander Sloan in November 2020 and work with a variety of corporate clients, in both the commercial and  not for profit sectors. My role is primarily the provision of corporation tax compliance services but also includes general corporation tax advice as required.

I work closely with other services within in the firm to ensure that we provide a joined up and efficient service which meets clients’ needs.

Robert Pattie
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Miriam Akhtar

Position: Head of Digital Accounting
Email: miriam.akhtar@alexandersloan.co.uk
Phone: 0141 204 8989

I was appointed Head of Digital Accounting from September 2021, having joined Alexander Sloan as the firm’s Cloud Accountant in 2019 shortly after becoming ACCA qualified.  My role is to encourage the use of cloud accounting software, such as Xero,  by our clients and being involved in the firm’s cloud-related projects.

As technology in accountancy evolves through initiatives like Making Tax Digital I aim to ensure our clients are the forefront of emerging technologies.

I use my experience in Xero to demonstrate, train and convert clients’ bookkeeping software and assist them gaining from the efficiencies of using cloud-based accounting software.

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Stuart Adamson

Position: Accounts Manager
Email: stuart.adamson@alexandersloan.co.uk
Phone: 0141 204 8989

I came to Alexander Sloan from another mid-tier firm in 2018 and have worked in accountancy practice for over 25 years.  I am the Accounts Manager in the Glasgow office and oversee a large number of clients which includes servicing annual accounts,  management accounts, independent examinations, business advice, and VAT Returns.

My role also involves working closely with the audit team, the tax team, the payroll team to ensure we deliver exactly what the client wants and I work to ensure we are all working together.

I have helped advise on appropriate accounting and bookkeeping packages that will best assist our clients and am involved in providing support on software like Xero.

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Michael Reid

Position: Senior Audit Manager
Email: michael.reid@alexandersloan.co.uk
Phone: 0141 204 8989

I joined Alexander Sloan in 2017 having qualified as an accountant at another mid-tier firm.  I became Audit Manager in 2020 and Senior Audit Manager in 2024, overseeing a number of audit clients in the Housing Association, Credit Union and Charity sector as well as being responsible for a selection of commercial audit clients.

I see my role as a project manager, responsible for bringing people and the audit process together, meeting deadlines and delivering on time to our clients.

I am responsible for mentoring our junior staff and assisting them in their own development.

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Phil Morrice

Position: Managing Partner
Email: philip.morrice@alexandersloan.co.uk
Phone: 0141 204 8989

I’ve been with Alexander Sloan since 1993.  Having built up an in-depth knowledge over the years in the Housing Association sector,  I head up our Registered Social Landlords (RSL) team and regularly provide training, risk management, and technical advice to both RSL staff and governing bodies such as Scottish Housing Regulator (SHR).

I am also a member of the Institute of Internal Auditors and lead Alexander Sloan’s Internal Audit team.   I also advise commercial clients in a variety of sectors.

I’m a member of the ACCA Global Law Forum.

Phil
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David Jeffcoat

Position: Partner
Email: david.jeffcoat@alexandersloan.co.uk
Phone: 0131 228 7979

I am based out of the Edinburgh office and, whether it’s charities requiring independent examinations, or housing associations looking for an external audit, to assisting small companies with annual accounts or business support such as management accounts and payroll,  I work with a range of clients, supporting their different requirements.

I joined Alexander Sloan as a trainee back in 2003 and became Partner in 2017, so for a number of my clients I’ve been involved at every level and have worked with them for more than 15 years.

I am on the firm’s Charities Technical and Training subcommittee.   Since July 2021, I am also responsible for overseeing Alexander Sloan’s staffing and recruitment needs.

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Allison Devine

Position: Senior Partner
Email: allison.devine@alexandersloan.co.uk
Phone: 0141 204 8989

I have a particular expertise in the Healthcare sector as well as having a strong client base in the not-for-profit sector, working with charities, housing associations and credit unions.

As part of Alexander Sloan’s ‘Virtual FD’ services,  I have worked with a number of owner-managed businesses and charities in recent years, assisting them in providing our ‘Virtual FD’ service,  developing and implementing improvements in their financial reporting systems and governance.

I am a member of the Charities Technical and Training subcommittee and carry out training for trustees seeking to understand the finances of their charities.

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Steven Cunningham

Position: Partner
Email: steven.cunningham@alexandersloan.co.uk
Phone: 0141 204 8989

I head up Alexander Sloan’s team covering services to Banking and Finance, and Credit Union clients.  Over the years, I have amassed a wealth of experience in these sectors and regularly provide training, compliance and consultancy services to my clients many of which include some of the firm’s larger commercial clients and Housing Associations (RSLs).

Within Alexander Sloan, I am responsible for Quality Control.

I have previously been a member of the Institute of Chartered Accountants of Scotland’s (ICAS) Accounting Standards Committee and currently sit on ICAS’s Investigation Committee.

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Carole Connor

Position: Tax Partner
Email: carole.connor@alexandersloan.co.uk
Phone: 0141 204 8989

I am a Chartered Tax Adviser and  responsible for all aspects of Alexander Sloan’s corporate and personal tax services. I joined Alexander Sloan as Tax Partner in 2017 having spent almost twenty years in tax practice with two mid-tier firms.

I advise many owner-managed businesses on tax strategies and on the tax implications of company restructuring, succession planning as well as balancing the needs and objectives of the business with aspirations of its owners.

I am also an experienced private client tax adviser and specialist in tax investigation work, representing clients in all types of HMRC enquiry.

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