06/04/2026
⏰1 day until Making Tax Digital becomes law.
As we reach the final day, here is a simple recap of what is required for sole traders and landlords above the £50,000 threshold:
You must:
• Maintain digital records of income and expenses
• Use HMRC-compatible software
• Submit quarterly updates
• Complete a final declaration at year end
MTD does not mean:
• Paying tax quarterly
• Submitting full tax returns four times a year
It is a shift in process — not an increase in complexity.
With the right systems, this becomes a routine rather than a burden.
The focus now is simple: clarity, consistency, and confidence moving forward.