Making Tax Digital is changing. Let’s make sure you’re ready.
If you’re self-employed or earn income from property, Making Tax Digital could change the way you keep your records and report your income to HMRC.
Reserve your placeJoin GTA Accounting on Thursday 19 November for a straightforward session explaining what’s changing, when it affects you and what you need to do next.
Thursday 19 November 2026
Half Moon, Petersfield
4pm
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Pop your details below and we’ll reserve your place.
What is Making Tax Digital?
Making Tax Digital for Income Tax is changing the way many self-employed people and landlords report their income to HMRC.
Instead of keeping your records however you choose and dealing with everything through one Self Assessment return at the end of the year, people who fall within the new rules will need to use compatible software to keep digital records and send regular updates to HMRC.
For most people affected, that means:
keeping digital records of your income and expenses
using MTD-compatible software
sending quarterly updates to HMRC
completing your end-of-year tax return through compatible software
It doesn’t necessarily mean paying tax four times a year. The quarterly updates are about reporting information to HMRC.
Who does it apply to?
Making Tax Digital for Income Tax is being introduced in stages for individuals with qualifying income from self-employment and/or property.
Qualifying income is broadly the total gross income from self-employment and property before expenses are deducted.
The MTD timeline
There are different start dates depending on your income.
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More than £50,000
6 April 2026
Making Tax Digital became mandatory for qualifying sole traders and landlords whose qualifying income for the 2024/25 tax year was more than £50,000.
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More than £30,000
6 April 2027
It becomes mandatory for qualifying sole traders and landlords whose qualifying income for the 2025/26 tax year is more than £30,000.
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More than £20,000
6 April 2028
It becomes mandatory for qualifying sole traders and landlords whose qualifying income for the 2026/27 tax year is more than £20,000.
These thresholds are based on qualifying gross income from self-employment and property, not your profit after expenses.
For anyone with qualifying income of £20,000 or less, MTD for Income Tax is not currently mandatory under these rules.
Partnerships are also not currently included within this rollout. HMRC has said a future timetable for partnerships will be announced separately.
So what actually changes?
If MTD applies to you, you’ll need to keep digital records using compatible software and send updates of your business or property income and expenses to HMRC every three months.
You’ll then still complete an end-of-year tax return through compatible software.
The important thing is that this moves tax reporting away from being something you think about once a year.
Your records need to stay up to date throughout the year.
Digital records
Quarterly updates
End-of-year tax return
What software should I use?
The right software depends on the person and their circumstances, and we can help you choose.
Making MTD Simple with the Right Software
Getting ready for Making Tax Digital doesn’t need to be complicated. At GTA Accounting, we work with trusted software providers, including Sage and FreeAgent, to help you keep accurate digital records, stay organised and meet your MTD requirements.
Not sure which software is right for you? We’re here to help you find the best fit for your business.
Not sure which one is right for you? Speak to us before you start setting everything up. We can help you choose something that fits the way you actually work.
Still not sure what MTD means for you?
That’s exactly why we’re running this session.
Come along on 19 November and we’ll talk through what is changing, who needs to act, what software you may need and how to get ready without making it more complicated than it needs to be.
Reserve your place