MTD FOR
INCOME TAX
MTD FOR INCOME TAX HUB
Welcome to your MTD for Income Tax Hub - where we bring together all the information you need to adapt to the new MTD rules which came into effect from April 2026.
IF YOU ARE A SOLE TRADER OR LANDLORD WITH QUALIFYNG INCOME, YOU NOW NEED TO KEEP DIGITAL RECORDS AND SUBMIT QUARTERLY UPDATES USING HMRC COMPATIBLE SOFTWARE
MAKING TAX DIGITAL (MTD) FOR INCOME TAX: EVERYTHING YOU NEED TO KNOW
What is MTD for Income Tax?
Making Tax Digital for Income Tax Self Assessment requires sole traders and landlords with qualifying income to maintain digital records and to submit quarterly updates to HMRC using compatible software.
What does it mean?
Those affected must:
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Use HMRC-recognised software
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Keep digital records
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Submit quarterly returns via the software
Who does it affect?
Initially, landlords and sole traders with business or property income over £50,000 but from 2027 it will also affect those with income over £30,000, and from 2028, £20,000.
When will I be affected?
The changes came into effect from Aril 2026 for those with qualifying income over £50,000.
Further changes become mandatory:
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From April 2027, for those with qualifying income over £30,000
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From April 2028, for those with qualifying income over £20,000
What should I do?
Talk to us for advice and about signing up for MTD for Income Tax.
We are helping affected businesses in a variety of ways: