What happens at the end of the tax year in Making Tax Digital?

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What happens at the end of the tax year in Making Tax Digital? At the end of the tax year you make adjustments, add your other income and send your tax return from MTD software by 31 January. For 2026-27, that is 31 January 2028. There is no End of Period Statement. No. In November 2023 the government said it would remove the End of Period Statement requirement. The year is now finished in your tax return, sent from your software. By 31 January after the end of the tax year, the same as now. For 2026-27 that is 31 January 2028, and for 2027-28 it is 31 January 2029. No. HMRC adds your CIS deductions to your MTD tax return, and any refund is requested separately through HMRC online services. Read the full answer, with every source, at rightotax.co.uk.

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Read the full answer, with every source

The one-minute version

Transcript

What happens at the end of the tax year in Making Tax Digital? At the end of the tax year you make adjustments, add your other income and send your tax return from MTD software by 31 January. For 2026-27, that is 31 January 2028. There is no End of Period Statement. No. In November 2023 the government said it would remove the End of Period Statement requirement. The year is now finished in your tax return, sent from your software. Read the full answer, with every source, at rightotax.co.uk.

Voice and visuals made with automated software, including AI.

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