We’re delighted to announce that FreeAgent has been added to HMRC’s list of compatible software for Making Tax Digital for Income Tax Self Assessment (MTD for ITSA). We are MTD-ready for both agents and businesses.
If you’re a FreeAgent Partner, your small business clients will be able to use FreeAgent to follow the rules of MTD for ITSA before it comes into effect in April 2024, and you’ll be able to make the required tax submissions through FreeAgent on your clients’ behalf.
Meanwhile, partners will continue to be able to file MTD VAT returns on behalf of their VAT-registered clients through FreeAgent’s MTD-compatible VAT filing functionality.
We look forward to supporting our partners and their small business clients as HMRC continues its rollout of MTD with the introduction of MTD for ITSA.
In the meantime, we’re working closely with HMRC to ensure that FreeAgent will support MTD for ITSA submissions for landlord clients through FreeAgent for Landlords, which is built specifically for clients who earn income from property.
If you're not already a FreeAgent Partner, find out more about how we can support your practice through MTD and request a free trial.