The short answer is: probably, yes. The changes will apply to a wide range of taxpayers, including most businesses, self-employed professionals, and landlords.
As part of the March 2017 Budget to the Making Tax Digital consultation, the Government confirmed the key start dates as:
- April 2018 for income tax reporting for the self-employed and unincorporated property businesses with turnover above £85,000
- April 2019 for VAT reporting
- April 2020 for corporation tax reporting and income tax reporting for partnerships with turnover exceeding £10 million