02/04/2026
Please see the following HMRC guidance for Making Tax Digital and the self employed individuals this will relate to.
We are here to support with any MTD needs for new or existing clients and can be contacted on 01773 827070, [email protected], https://nicholsontaxandaccounts.co.uk/
If you receive qualifying income from self-employment and/or property, you’ll be legally required to use Making Tax Digital (MTD) for Income Tax – based on the level of qualifying income – from the following dates:
• April‌‌‌ 2026, if your qualifying income is over £50,000 in the 2024 to 2025 tax year
• April‌‌‌ 2027, if your qualifying income is over £30,000 in the 2025 to 2026 tax year
• April‌‌‌ 2028, if your qualifying income is over £20,000 in the 2026 to 2027 tax year (the government has set out plans to introduce legislation to lower the qualifying income threshold to this level)
How to get ready for MTD if you are a business
Register for this live webinar about getting ready for MTD, during which we’ll look at:
• the requirements of MTD for Income Tax
• practical steps you can take to prepare your business
• the rules, who will be affected and when
• making informed software choices
• authorising your agent, if applicable, and signing up to MTD
• utilising any benefits and opportunities
https://register.gotowebinar.com/...
Get ready for Making Tax Digital – landlords and joint property owners
Register for this live webinar about getting ready for MTD if you receive income from property, during which we’ll look at:
• the requirements of MTD for Income Tax
• practical steps you can take to prepare your business
• the rules, who will be affected and when
• making informed software choices
• authorising your agent, if applicable, and signing up to MTD
• utilising any benefits and opportunities
https://register.gotowebinar.com/rt/7282492571085291609...
How to get ready for MTD for Income Tax if you’re a sole trader or landlord without an accountant or bookkeeper
If you’re a sole trader or landlord without an accountant or bookkeeper, register for this webinar for the latest information about MTD, to help you get ready for when MTD for Income Tax becomes a legal requirement from April 2026. We’ll look at:
• planning for MTD for Income Tax – understanding the rules and work out if you are affected and when
• how to prepare for MTD for Income Tax, including what you need to do
the actions you will take and signing up to MTD for Income Tax
• using MTD for Income Tax – following the rules and consider how you can utilise any benefits and opportunities
https://register.gotowebinar.com/rt/4676774259283994713...