Notice

Making Tax Digital for Income Tax: update notice

Updated 17 January 2025

This notice is made further to regulation 8 of The Income Tax (Digital Requirements) Regulations 2021, as amended.

The update information that must be provided in a quarterly update period is dependent on the relevant person’s business or businesses.

1. A relevant person within charge to income tax under Part 2 of the Income Tax (Trading and other Income) Act 2005 (ITTOIA 2005)

A relevant person with trading income must provide the following update information in each quarterly update: 

• quarterly update period start date
• quarterly update period end date
• totals of the amounts falling within income and expenses set out in the following table

Business income	Business expenses (allowable and disallowable)
Turnover	Cost of goods bought for resale or goods used
Other business income	Construction industry — payments to subcontractors
	Wages, salaries, and other staff costs
	Car, van, and travel expenses
	Rent, rates, power, and insurance costs
	Repairs and maintenance of property and equipment
	Phone, fax, stationery, and other office costs
	Advertising
	Business entertainment costs
	Interest on bank and other loans
	Bank, credit card and other financial charges
	Accountancy, legal and other professional fees
	Other business expenses

2. A relevant person with property income and profits of which are chargeable to income tax under Part 3 of ITTOIA 2005 (property income)

A relevant person with property income must provide the following update information in each quarterly update period:

• quarterly update period start date
• quarterly update period end date
• totals of the amounts falling within property income and expenses set out in the following tables

2.1 UK property

Property income	Property expenses (allowable and disallowable)
Total rent	Rent, rates, insurance and ground rents
Other income from property	Property repairs and maintenance
Premiums for the grant of a lease	Non-residential property finance costs
Reverse premiums and inducements	Residential property finance costs
	Residential finance costs brought forward
	Legal, management and other professional fees
	Costs of services provided, including wages
	Travel expenses
	Other allowable property expenses

2.2 Foreign property

Foreign property income	Foreign property expenses (allowable and disallowable)
Total rents	Rent, rates, insurance and ground rents
Other income from property	Property repairs and maintenance
Premiums for the grant of a lease	Non-residential property finance costs
	Residential property finance costs
	Unused residential property finance costs brought forward
	Legal, management and other professional fees
	Costs of services provided, including wages
	Travel expenses
	Other allowable property expenses

3. A relevant person with property income and profits from a jointly let property which are chargeable to income tax under Part 3 of ITTOIA 2005 (property income)

A relevant person that lets property jointly must provide the following update information in each quarterly update period:

• quarterly update period start date
• quarterly update period end date

They must choose how to provide the following update information. They can either provide:

• totals of the amounts falling within property income and expenses set out in the tables in sections 2.1 or 2.2 of this notice
• totals of the amounts falling within property income set out in the tables in sections 3.1 or 3.2 of this notice

3.1 UK property

Property income
Total rent
Other income from property
Premiums for the grant of a lease
Reverse premiums and inducements

3.2 Foreign property

Property income
Total rent
Other income from property
Premiums for the grant of a lease