Get ready for Making Tax Digital for Income Tax

Get ready for Making Tax Digital for Income Tax

Get ready for Making Tax Digital for Income Tax

The first phase of MTD for Income Tax will be introduced in 2026. From 6 April 2026, sole traders and landlords with gross income (before expenses and tax are deducted) from self-employment and property over £50,000 will need to keep digital records and send quarterly updates to HMRC, using compatible software. Those with a gross income from these sources over £30,000 will need to do this from 6 April 2027.

Sole traders and landlords with gross income from self-employment and property over £20,000 will need to use MTD for Income Tax in the future. The timeline for this will be set out by the government in due course.

Want to know more?

Please get in touch through the form below.

Get in Touch

Give us a ring

07883 542629

Send us an email

[email protected]
Follow Us