From April 2026, landlords and self-employed businesses, with annual business and/or property income above £50,000 will need to record and report their Income Tax information digitally each quarter – followed a year later by those with annual income in excess of £30,000.
This landmark change is part of the ongoing Making Tax Digital (MTD) strategy from HM Revenue & Customs, which has already changed the landscape for VAT.
Millions of taxpayers will be affected by the new MTD requirements that change how you:
- Report and record Income Tax through Self-Assessment
• Prepare Self-Assessment information for HMRC
• Are penalised for non-compliance
To help you get to grips with these upcoming changes, we have prepared a helpful guide:
Download our MTD for Income Tax Self-Assessment Guide
Need help preparing for MTD for Income Tax Self-Assessment? Speak to us.