09/10/2026
SIX MONTHS TO GO !!!
Making Tax Digital for Income Tax – Are you ready?
From 6 April 2027, sole traders and landlords with qualifying income over £30,000 will need to comply with Making Tax Digital (MTD) for Income Tax.
This means keeping digital records and submitting quarterly updates to HMRC using compatible software. These updates are summaries of your income and expenses, not additional tax returns.
Now is the time to check whether the new rules apply to you, explore compatible software and get prepared ahead of the deadline.
Need help understanding how MTD may affect you? Get in touch and we can discuss how to prepare.