As part of HMRC’s ongoing digital transformation, Making Tax Digital (MTD) for Income Tax will soon become a legal requirement for individuals with income from self-employment and/or property.
To help you stay ahead of the curve, we’ve broken down the key implementation dates and some excellent official resources to get you prepared.
When Does MTD Affect You?
Your start date depends on your gross income (turnover) from self-employment and/or property:
- 6 April 2026: If your turnover is over £50,000 in the 2024 to 2025 tax year.
- 6 April 2027: If your turnover is over £30,000 in the 2025 to 2026 tax year.
- 6 April 2028: If your turnover is over £20,000 in the 2026 to 2027 tax year.
.How to Get Ready for MTD if You Are a Business > Perfect for sole traders looking to understand practical steps, software choices, and how to authorize an agent.
Get Ready for MTD – Landlords and Joint Property Owners > Specifically tailored to the unique rules and requirements facing property owners.
How Leftley Rowe Group Can Help
Navigating digital tax transitions can feel daunting, but you don’t have to do it alone. Whether you need help choosing MTD-compliant software, organizing your digital records, or authorizing us to handle the submissions on your behalf, our team is here to support you every step of the way.
If you are unsure which tier you fall into or want to start prepping early, please get in touch with your usual Leftley Rowe contact today.