We will publish a guide explaining what you need to do to prepare for Making Tax Digital (MTD) in the next few days, but first you need to know when you need to switch. The easiest way to find out is to attend the HMRC Webinar this month. Details here...
The HMRC Invite / Explanation
Dear customer,
If you receive qualifying income from self-employment and/or property, you'll be legally required to use Making Tax Digital (MTD) for Income Tax – based on the level of qualifying income – from the following dates:
| | • | April 2026, if your qualifying income is over £50,000 in the 2024 to 2025 tax year
| | • | April 2027, if your qualifying income is over £30,000 in the 2025 to 2026 tax year
| | • | April 2028, if your qualifying income is over £20,000 in the 2026 to 2027 tax year (the government has set out plans to introduce legislation to lower the qualifying income threshold to this level)
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| | How to sign yourself up to Making Tax Digital for Income Tax | As part of a dedicated series, register for this webinar to help you navigate the requirements of MTD for Income Tax. We'll guide you through:
| | • | who's affected
| | • | when MTD becomes mandatory
| | • | how to sign up early
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| You'll also discover the benefits of early enrolment, how to choose compatible software, and what to expect after signing up. Perfect for sole traders and landlords, looking to stay ahead of the April 2026 rollout.
| | How to get ready for MTD if you are a business | Register for this live webinar about getting ready for MTD, during which we'll look at:
| | • | the requirements of MTD for Income Tax
| | • | practical steps you can take to prepare your business
| | • | the rules, who will be affected and when
| | • | making informed software choices
| | • | authorising your agent, if applicable, and signing up to MTD
| | • | utilising any benefits and opportunities
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| Yours faithfully HM Revenue and Customs |
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