24/03/2026
From April 2026, self-employed individuals and landlords earning over £50,000 will be required to:
Keep digital records
Submit quarterly updates to HMRC
Use compatible accounting software
This is a significant change from the current annual self-assessment system.
What this means for you:
No more last-minute annual tax stress
Better visibility of your tax position throughout the year
A shift towards digital accounting systems
But with change comes responsibility getting set up early is key.
At Sure Consultancy & Accounting, we help you:
Transition to compliant software
Understand your new obligations
Stay ahead of deadlines with confidence
Don’t wait until the last minute start preparing now.
For many consultants, freelancers and small business owners, this means:
More frequent reporting
Greater need for accurate bookkeeping
Increased reliance on digital systems
The key question is not whether this will happen but whether your business is ready!
Preparing early can help avoid last-minute stress and ensure a smooth transition.
If you are unsure how Making Tax Digital for Income Tax will affect you or your business, now is the time to start planning.
Get in touch today to make your move to MTD smooth and stress-free.
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