ICAEW Chartered Accountants

Making Tax Digital for landlords and sole traders

Who MTD for Income Tax applies to, and how to get ready.

TaxBy the ELP team

General information only, not advice for your circumstances. Please talk to us before acting.

Making Tax Digital for Income Tax changes how self-employed people and landlords keep records and report to HMRC. Instead of one annual return, you keep digital records and send quarterly updates using compatible software, followed by a final declaration after the year end.

Who it applies to

  • From 6 April 2026: sole traders and landlords with qualifying income over £50,000
  • From 6 April 2027: qualifying income over £30,000

Qualifying income is your combined turnover from self-employment and property, before expenses, not your profit.

How we can help

We can help you choose suitable software, set up digital record keeping, and submit the quarterly updates for you, so the change is as painless as possible.

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