The Making Tax Digital income tax threshold will drop to £20,000 from April 2028!Key changes include:

The Making Tax Digital income tax threshold will drop to £20,000 from April 2028! Key changes include: • First mandated returns due January 2028 • New exemptions for power of attorney holders and foreign entertainers • Temporary deferrals for ministers of religion and Lloyd’s underwriters • No HMRC online service – third-party software required for all submissions