Two significant changes will take place from April 2026: Making Tax Digital for Income Tax (MTD IT) and mandatory payrolling of benefits in kind. While April 2026 is over a year away, these changes will require a lot of planning including how workflows and information flows will need to change. MTD IT will require many individuals to keep digital records and send quarterly updates to HMRC, while mandatory payrolling of benefits in kind will see the end of the form P11D process for many employers. In this episode we look at what taxpayers and their agents can do in the coming months to prepare.LinksGovernment and developers commit to MTD ITSA from 2026https://www.icaew.com/insights/tax-news/2024/nov-2024/government-and-developers-commit-to-mtd-itsa-from-2026MTD: what you should do nowhttps://www.icaew.com/insights/podcast/the-tax-track/mtd-what-you-should-do-now Making Tax Digitalhttps://www.icaew.com/technical/tax/making-tax-digitalPros and cons of payrolling benefitshttps://www.icaew.com/insights/podcast/the-tax-track/pros-and-cons-of-payrolling-benefits How to prepare for mandatory payrolling of benefits in kindhttps://www.icaew.com/technical/tax/tax-faculty/taxline/articles/2024/how-to-prepare-for-mandatory-payrolling-of-benefits-in-kindPayrolling Benefits and Expenses webinarhttps://events.icaew.com/pd/29313/payrolling-benefits-and-expensesWhat is Making Tax Digital for income tax?https://www.icaew.com/insights/tax-news/2025/jan-2025/what-is-making-tax-digital-for-income-taxPanellistsStephen Relf, Technical Manager, Tax, ICAEWCaroline Miskin, Senior Technical Manager, Digital Taxation, ICAEWAdelle Greenwood, Technical Manager, Employment Taxes and National Insurance Contributions, ICAEWProducer Ed AdamsEpisode first published: 7 January 2025Podcast recorded: 17 December 2024

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