[{"text_idx": "#000003", "text": "Self-employed individuals and landlords will have more time to prepare for Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA), following a government announcement last month."}, {"text_idx": "#000004", "text": "Understanding that self-employed individuals and landlords are currently facing a challenging economic environment, and the transition to MTD for ITSA represents a significant change to taxpayers and HMRC for how self-employment and property income is reported, the government is giving a longer period to prepare for MTD. The mandatory use of software is therefore being phased in from April 2026, rather than April 2024."}, {"text_idx": "#000005", "text": "From April 2026, self-employed individuals and landlords with an income of more than \u00a350,000 will be required to keep digital records and provide quarterly updates on their income and expenditure to HMRC through MTD-compatible software. Those with an income of between \u00a330,000 and \u00a350,000 will need to do this from April 2027. Most customers will be able to join voluntarily beforehand meaning they can eliminate common errors and save time managing their tax affairs."}, {"text_idx": "#000006", "text": "The government has also announced a review into the needs of smaller businesses, and particularly those under the \u00a330,000 income threshold. The review will consider how MTD for ITSA can be shaped to meet the needs of these smaller businesses and the best way for them to fulfil their Income Tax obligations. It will also inform the approach for any further roll out of MTD for ITSA after April 2027."}, {"text_idx": "#000007", "text": "Mandation of MTD for ITSA will not be extended to general partnerships in 2025 as previously announced. The government remains committed to introducing MTD for ITSA to partnerships in line with its vision set out in the Tax Administration Strategy."}, {"text_idx": "#000009", "text": "\u201cIt is right to take the time to work together to maximise the benefits of Making Tax Digital for small businesses by implementing the change gradually. It is important to ensure this works for everyone: taxpayers, tax agents, software developers, as well as HMRC."}, {"text_idx": "#000010", "text": "\u201cSmaller businesses in particular should be able to experience the benefits of increased digitalisation of Income Tax in a way which meets their needs. That is why we are also today announcing a review to establish the best way to achieve this.\u201d"}, {"text_idx": "#000012", "text": "\u201cHMRC remains committed to the delivery of Making Tax Digital as a critical part of our strategy for digitalising and modernising the tax system, but we want to make sure we get this right and deliver it effectively."}, {"text_idx": "#000013", "text": "\u201cA phased approach to mandating MTD for Income Tax will allow us to work together with our partners to make sure that our self-employed and landlord customers can make the most of the opportunities this will bring.\u201d"}, {"text_idx": "#000014", "text": "The announcement relates to MTD for ITSA only. Making Tax Digital for VAT has already been implemented and is demonstrating the benefits to businesses and the tax system of digital ways of working."}, {"text_idx": "#000015", "text": "Bydd gan landlordiaid ac unigolion hunangyflogedig fwy o amser i baratoi ar gyfer y cynllun Troi Treth yn Ddigidol (MTD) ar gyfer Hunanasesiad Treth Incwm (ITSA), yn dilyn cyhoeddiad heddiw (19 Rhagfyr 2022) gan y llywodraeth."}, {"text_idx": "#000016", "text": "Mae\u2019r llywodraeth yn deall bod landlordiaid ac unigolion hunangyflogedig yn wynebu amgylchedd economaidd heriol ar hyn o bryd, a bod y newid i MTD ar gyfer ITSA yn cynrychioli newid sylweddol i drethdalwyr ac i CThEF o ran sut y caiff incwm o eiddo a hunangyflogaeth ei adrodd, ac felly mae\u2019n rhoi cyfnod hirach i baratoi ar gyfer MTD. Bydd y defnydd gorfodol o feddalwedd yn cael ei gyflwyno\u2019n raddol, felly, o fis Ebrill 2026 ymlaen, yn hytrach nag o fis Ebrill 2024 ymlaen."}, {"text_idx": "#000017", "text": "O fis Ebrill 2026 ymlaen, bydd yn ofynnol i landlordiaid ac unigolion hunangyflogedig, sydd ag incwm o fwy na \u00a350,000, gadw cofnodion digidol a darparu diweddariadau chwarterol i CThEF ynghylch eu hincwm a gwariant, a hynny drwy feddalwedd sy\u2019n cydweddu ag MTD. Bydd yn rhaid i\u2019r rheini sydd ag incwm rhwng \u00a330,000 a \u00a350,000 wneud hyn o fis Ebrill 2027 ymlaen. Bydd y rhan fwyaf o gwsmeriaid yn gallu ymuno\u2019n wirfoddol ymlaen llaw , sy\u2019n golygu y byddant yn gallu cael gwared ar wallau cyffredin ac arbed amser wrth reoli eu materion treth."}, {"text_idx": "#000018", "text": "Mae\u2019r llywodraeth hefyd wedi cyhoeddi adolygiad o anghenion busnesau sy\u2019n llai o faint, yn enwedig y rhai hynny sydd o dan y trothwy incwm o \u00a330,000. Bydd yr adolygiad yn ystyried sut y dylai MTD ar gyfer ITSA gael ei lunio i ddiwallu anghenion y busnesau hyn sy\u2019n llai o faint, a\u2019r ffordd orau iddynt gyflawni eu hymrwymiadau o ran Treth Incwm. Bydd hefyd yn llywio\u2019r dull o weithredu ar gyfer unrhyw gyflwyniad pellach o MTD ar gyfer ITSA ar o\u0302l mis Ebrill 2027."}, {"text_idx": "#000019", "text": "Ni chaiff defnydd gorfodol o MTD ar gyfer ITSA ei ymestyn i bartneriaethau cyffredinol yn 2025 fel y cyhoeddwyd yn flaenorol. Mae\u2019r llywodraeth wedi ymrwymo o hyd i gyflwyno MTD ar gyfer ITSA i bartneriaethau yn unol a\u0302\u2019i gweledigaeth a nodwyd yn y Strategaeth Gweinyddu Trethi."}, {"text_idx": "#000021", "text": "\u201cMae\u2019n iawn ein bod ni\u2019n cymryd yr amser i weithio gyda\u2019n gilydd i wneud y mwyaf o fanteision Troi Treth yn Ddigidol i fusnesau bach drwy roi\u2019r newid ar waith yn raddol. Mae\u2019n bwysig sicrhau bod hyn yn gweithio i bawb: trethdalwyr, asiantau treth, datblygwyr meddalwedd, yn ogystal a\u0302 CThEF."}, {"text_idx": "#000022", "text": "\u201cDylai busnesau llai, yn benodol, allu elwa ar y manteision sy\u2019n dod yn sgil mwy o ddigideiddio o ran Treth Incwm mewn ffordd sy\u2019n diwallu eu hanghenion. Dyna pam rydyn ni hefyd yn cyhoeddi heddiw adolygiad i sefydlu\u2019r ffordd orau o wneud hyn.\u201d"}, {"text_idx": "#000024", "text": "\u201cMae CThEF wedi ymrwymo o hyd i gyflwyno\u2019r cynllun Troi Treth yn Ddigidol fel rhan hollbwysig o\u2019n strategaeth o ran digideiddio a moderneiddio\u2019r system dreth, ond rydyn ni am wneud yn siw\u0302r ein bod ni\u2019n cael hyn yn iawn ac yn ei gyflwyno\u2019n effeithiol."}, {"text_idx": "#000025", "text": "\u201cBydd dull graddol o gyflwyno defnydd gorfodol o MTD ar gyfer Treth Incwm yn ein galluogi ni i weithio gyda\u2019n partneriaid i wneud yn siw\u0302r bod ein cwsmeriaid sy\u2019n landlordiaid neu\u2019n hunangyflogedig yn gallu gwneud y mwyaf o\u2019r cyfleoedd a ddaw yn sgil hyn.\u201d"}, {"text_idx": "#000026", "text": "Mae\u2019r cyhoeddiad yn ymwneud ag MTD ar gyfer ITSA yn unig. Mae\u2019r cynllun Troi Treth yn Ddigidol ar gyfer TAW eisoes wedi\u2019i roi ar waith ac mae\u2019n dangos y manteision y mae dulliau digidol o weithio yn eu rhoi i fusnesau ac i\u2019r system dreth."}]