MTD ITSA Penalties Explained

A plain-English guide to Making Tax Digital Income Tax penalties. What they are, how they work, and what to do if you’ve been fined.

What is MTD ITSA?

Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is HMRC’s requirement for self-employed people and landlords to keep digital records and submit quarterly updates of their income and expenses using approved software.

MTD ITSA replaces the traditional once-a-year Self Assessment return with a system of four quarterly updates plus a final declaration each year. Instead of filing everything in January, you update HMRC four times a year.

When does MTD ITSA start?

  • April 2026: Mandatory for income over £50,000 (Phase 1)
  • April 2027: Mandatory for income over £30,000 (Phase 2)
  • April 2028: Mandatory for income over £20,000 (Phase 3)

The points-based penalty system

MTD ITSA uses a points-based system for missed submissions — similar to driving penalty points. Each time you miss a quarterly update or final declaration deadline, you receive one penalty point. Points accumulate until you reach the threshold, at which point a financial penalty is charged.

PointsStatusPenalty
0–2In the clearNone
3Warning levelNone (yet)
4Threshold reached£200
5+Above threshold£200 + £200 per extra miss

Points are separate for MTD ITSA and VAT — if you’re registered for VAT, your VAT penalty points are completely independent of your MTD ITSA points.

Points can carry over between tax years. If you have 3 points at the end of 2026/27 and miss one submission in 2027/28, you immediately hit the threshold and face a £200 fine.

The 2026/27 soft landing — what is and isn't covered

HMRC has announced a “soft landing” for the first year of MTD ITSA (2026/27). During this period, no penalty points will be issued for missed quarterly updates.

Covered by soft landing (2026/27):

  • All four quarterly update deadlines in 2026/27
  • No penalty points charged for missing quarterly updates
  • No £200 financial penalties for quarterly misses

NOT covered by soft landing:

  • The final declaration (annual return) — deadline 31 January 2028
  • Late payment penalties — these apply in 2026/27 as normal
  • Interest on late tax payments — accrues from day 1

The soft landing ends on 5 April 2027. From 2027/28 onwards, penalty points apply to all missed quarterly updates as normal.

Late payment penalties — the full picture

Late payment penalties are separate from penalty points. They apply when you pay your income tax bill late, and they work on a tiered structure based on how late the payment is.

2026/27 (first year rules)
Days 1–30No penalty (30-day grace period)
Day 31+Penalty A: 3% of amount outstanding at day 15
Day 31+Penalty B: 3% of amount outstanding at day 30
Day 31 onwardsDaily charge: 10% per annum (max 2 years)
2027/28 onwards
Days 1–15No penalty (15-day grace period)
Days 16–30Penalty A: 4% of amount outstanding at day 15
Day 31+Penalty B: 3% of amount outstanding at day 30
Day 31 onwardsDaily charge: 10% per annum (max 2 years)

Interest is separate from penalties and accrues from day 1, even within the grace period. The current rate is BoE base rate + 4% (8.75% as of May 2025).

Payments on account are not subject to late payment penalties — only interest applies.

Time to Pay: If you contact HMRC to agree a payment plan, late payment penalties stop accruing from the date of contact. Interest continues until the debt is cleared. Contact HMRC as early as possible.

Use the Late Payment Calculator →

How to appeal an MTD penalty

You can appeal an MTD penalty if you have a reasonable excuse for the late submission or payment. You must appeal within 30 days of receiving the penalty notice.

What counts as a reasonable excuse?

  • Serious illness or bereavement
  • Fire, flood, or theft
  • HMRC service failure or technical problems
  • Postal delays (for paper submissions)
  • Unexpected hospitalisation of a close relative

What does NOT count as a reasonable excuse: not knowing about the deadline, relying on someone else who then failed to act, or having insufficient funds to pay (though the latter may be considered in the context of a payment plan).

To appeal, use HMRC’s online service or write to HMRC. Include the penalty reference, the reason for your appeal, and any supporting evidence.

Appeal a tax penalty at gov.uk →

How to reset your MTD penalty points

How you reset points depends on how many you have.

Below the threshold (1–3 points):

Each point expires automatically 24 months after the missed deadline that caused it. You don’t need to do anything — just keep submitting on time and the points clear automatically.

At or above the threshold (4+ points):

Automatic expiry stops completely. To reset your points you must satisfy BOTH:

  1. Submit all outstanding updates and declarations from the previous 24 months
  2. Submit everything on time for 12 consecutive months

The earliest your points can reset is today + 12 months (assuming you catch up immediately and then comply for 12 months without a single miss).

Use the Points Reset Calculator →

Frequently asked questions

Do MTD ITSA points and VAT points affect each other?

No. They are completely separate systems with separate counters. Having points in one system has no effect on the other.

Can I have more than 4 penalty points?

Yes. Once you reach the threshold, points continue to accumulate with each missed deadline. Each miss above the threshold triggers an additional £200 penalty.

What if I have multiple businesses?

You receive a maximum of 1 penalty point per deadline period, even if you have multiple businesses. HMRC treats the obligation as one per period, not one per business.

Does the soft landing apply to late payment?

No. The soft landing only applies to penalty points for missed quarterly submission deadlines. Late payment penalties and interest apply in 2026/27 as normal.

What software do I need for MTD ITSA?

You need HMRC-recognised software that can submit quarterly updates and a final declaration. Options include FreeAgent, QuickBooks, Sage, and many others. HMRC maintains a list at gov.uk.

What is the final declaration deadline?

The final declaration (equivalent to the annual tax return) is due on 31 January following the end of the tax year. For 2026/27, the final declaration deadline is 31 January 2028.

If I disagree with HMRC, what are my options?

You can appeal the penalty to HMRC within 30 days. If HMRC upholds the decision, you can request a review, and ultimately appeal to the First-tier Tax Tribunal. An accountant can help navigate this process. Read about appeals at gov.uk →

What if I can't afford to pay my tax?

Contact HMRC as soon as possible to agree a Time to Pay arrangement. This pauses further penalty charges from the date of contact. Interest continues but the penalties stop. HMRC Payment Support →

Can I use this calculator to estimate penalties before they happen?

Yes — enter future dates to model what happens if you miss a deadline. Use it to understand the financial consequences before deciding whether or not to rush a submission.

Are MTD ITSA penalties the same as the old SA penalties?

No. The new MTD points-based system replaces the old SA penalty regime for taxpayers within MTD. The old £100 day-one penalty and daily penalties no longer apply to MTD taxpayers for their quarterly updates. However, the old rules still apply to 2025/26 returns for anyone who joined MTD in April 2026.

When do my carry-over points reset?

Points only reset after you meet the two reset conditions (catch up all outstanding submissions AND comply for 12 consecutive months). Below-threshold points expire 24 months after the missed deadline that caused them.

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