04/09/2026
Are you unsure if you need to use Making Tax Digital for Income Tax? Many sole traders and landlords wonder if these rules apply to them.
If you earned more than £50,000 from self-employment or property in the 2024-25 tax year, MTD for Income Tax already applies to you as of 6 April 2026. This includes maintaining digital records and submitting quarterly updates to HMRC.
Ignoring this requirement could lead to penalties and missed deadlines, putting you at risk of facing unnecessary financial issues.
At Everest Chartered Accountants, we can help you by:
- Assessing if you need to sign up for MTD
- Guiding you through the sign-up process
- Helping you choose the right software
- Ensuring your records are compliant
Don’t wait any longer! Check your situation today and reach out to us for support.
👉🏻https://www.everest-accountants.com/