Included
- Sole trader turnover
- UK rental income
- Multiple trades combined
- Jointly owned property share
MTD for Income Tax is now live for some sole traders and landlords. Check your position
Book a free checkMaking Tax Digital for Income Tax
If you are a sole trader or landlord, the way you report income to HMRC may be changing. We’ll check when the rules affect you, set up the right software and keep every update on track.
Enter an estimate of your annual gross income before expenses. This provides an initial guide; your relevant tax return decides your actual start date.
At £20,000 or less of qualifying income, MTD for Income Tax is not currently mandatory. Keep checking as your income or circumstances change.
Check my exact positionWho it affects
MTD applies to individuals with self-employment or UK property income. If you have more than one trade or rental property, the gross income is combined when checking the threshold.
What changes
Record business income and expenses in compatible software throughout the year.
Submit light-touch summaries to HMRC. These are not four full tax returns.
Finalise the year and submit your tax return through compatible software by 31 January.
Side by side support
MTD should not mean more stress or more time away from your business. We provide practical, friendly support from setup through to the final submission.
Call 01424 272821We review your qualifying income and confirm when MTD applies.
We help you use a practical system that suits the way you work.
Choose bookkeeping support or keep the records yourself with our guidance.
We keep track of the deadlines, quarterly updates and year-end tax return.
Straight answers
It is based on your gross qualifying income before expenses. Your self-employment and UK property income are added together. PAYE salary, dividends and savings income do not count towards the MTD threshold.
No. Quarterly updates are summaries of income and expenses, not extra tax returns, and they do not create four separate tax payment dates. Your normal Income Tax payment dates continue to apply.
Potentially, but the records and submissions must remain digitally linked using compatible or bridging software. We can review your current process and recommend the simplest compliant option.
Some people may qualify for an exemption, including where they are digitally excluded. Applications are considered by HMRC based on individual circumstances, and we can help you understand the process.
Free MTD readiness check
Send us your latest Self Assessment figures and we’ll help you understand your next step.