Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is approaching fast, and HMRC’s advertising push is only adding to the noise. In this episode, Simon and Laura cut through the confusion and explain exactly who MTD ITSA applies to, when it starts, and what the practical impact will be for sole traders and landlords. You get the key thresholds (and how they step down each year), what quarterly reporting really means, what software you’ll need, and where people are most likely to get caught out, especially non-resident landlords and internationally mobile taxpayers.

Key topics covered:

• What “MTD ITSA” actually is (and how it differs from MTD for VAT)
• Start date: 6 April 2026 — who must join first
• The staged income (turnover) thresholds:
• £50,000+ from 6 April 2026
• £30,000+ from 6 April 2027
• £20,000+ from 6 April 2028
• It applies to sole traders and landlords (not partnerships, yet)
• Turnover means income/receipts, not profit
• Multiple sources add together (e.g., trading + rental income)
• The 'quarterly update' reality: unadjusted/cash-style reporting, with year-end adjustments later
• The admin shock for landlords and those below the VAT threshold who haven’t kept digital records before
• Practical considerations: separate bank accounts, receipt capture, and staying 'MTD-ready'
• Who may be outside the system (e.g., certain non-residents without a National Insurance number; digitally excluded individuals)
• Non-residents: reporting focuses on UK-taxable elements, not worldwide income
• Why HMRC is doing it (and why it may feel like more admin than 'business insight')
• What still isn’t clear: how HMRC will calculate payments/tax due during the year

lsrpartners.com

Subscribe for more tax guidance for expats and globally mobile individuals.

Brought to you by LSR Partners – helping you pay the right tax in the right place at the right time.

📲 Book a call with us to talk about your situation: https://lsrpartners.com

🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos

Self Assessment shouldn’t be scary, but the rules are easy to miss, especially if you’ve lived or worked abroad. In this episode of the Tax Compass Podcast from LSR Partners, Simon Roue and Laura Sant explain, in plain English.

We cover:

• Tax year & deadlines: 6 Apr–5 Apr; 31 Oct (paper), 31 Jan (online), 30 Dec (collect via tax code if <£3,000)
• Who must file now: self-employment/partnerships, UK property income, dividends/investment income over reporting thresholds, higher income child benefit charge, foreign income, remittance basis claims, etc.
• Residency & SA109: when Govt Gateway won’t cut it; why non-residents/remittance basis users usually need commercial software or an agent.
• Leaving the UK: when P85 is helpful (and when it isn’t); split-year treatment; getting your filing requirement withdrawn so penalties don’t snowball.
• Refunds from UK payroll while abroad: why HMRC may resist opening Self Assessment; PAYE vs SA systems; practical routes that actually work.
• Simple Assessment letters: what they mean and how they interact with Self Assessment (and refunds).
• Payments on account: triggers, dates, and what’s excluded (e.g., CGT, Class 2 NICs, student loans).
• Getting out of the system: when HMRC auto-removes you, and when you need to be proactive.
• Penalties & appeals: common pitfalls (address changes, missed notices, late filings) and how to prevent/resolve them.

Key Takeaways:

• File earlier for cashflow clarity and faster refunds; tax is still due 31 Jan.
• If you claim the remittance basis or are non-resident, expect to need SA109 (not available via basic Govt Gateway).
• Tell HMRC you’ve left and actively withdraw filing requirements. Don’t assume the system will.
• Payments on account can sting the first year but self-correct over time.
• When in doubt, get specialist support so you get clarity and confidence and avoid unnecessary penalties.

lsrpartners.com

Subscribe for more tax guidance for expats and globally mobile individuals.

Brought to you by LSR Partners – helping you pay the right tax in the right place at the right time.

📲 Book a call with us to talk about your situation: https://lsrpartners.com

🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos

In this immediate post-statement breakdown of the Autumn Budget 2025, you get a clear, structured explanation of the tax changes announced by Rachel Reeves, with a focus on how they affect expats, non-UK residents, and globally mobile individuals.

You’ll hear straightforward guidance on:

What fiscal drag means for your long-term tax position.

How the High-Value Council Tax Surcharge (HVCTS) works and who pays it.

Why Class 2 NI is ending for those abroad, and how Class 3 replaces it.

What the 2% rise means for investors and landlords from 2026/27.

What your new two-option framework looks like if you receive UK dividends from overseas.

Why repatriated dividends from certain 'closed companies' will now be taxable.

What changes for employers and employees.

How the new £12,000 cash limit applies, and the exception for over-65s.

At LSR Partners, you get clarity and confidence in navigating these changes, ensuring you pay the right tax in the right place at the right time, stay compliant across borders, and plan strategically for the years ahead.

If the Budget raises questions about your own tax position, we’re here to guide you.

lsrpartners.com

Subscribe for more tax guidance for expats and globally mobile individuals.

Brought to you by LSR Partners – helping you pay the right tax in the right place at the right time.

📲 Book a call with us to talk about your situation: https://lsrpartners.com

🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos