MTD is coming in from 6 April 2026 for landlords and self-employed people who have gross income over £50k per annum. The threshold will lower over time so more people will be brought under these rules.
MTD thresholds and dates
The timetable for compulsory compliance with the MTD rules is now as follows:
- From 6 April 2026, for those with annual gross income of over £50,000 from self-employment and property letting
- From 6 April 2027, for those with annual gross income of between £30,000 and £50,000 from self-employment and property letting
- From April 2028, for those with annual gross income over £20,000 from self-employment and property letting
What should I do?
Those affected will be required to record transactions and make quarterly reports to HMRC of income and expenses to in digital format.
If you are already VAT registered and using a product such as Xero, Sage, Freeagent or Quickbooks then you are probably already well placed to cope with the change, but if not you will need to prepare for the new reporting requirements.
We are keen to make sure that our clients are well prepared. This will give you time to get used to the new record keeping requirements and iron out any wrinkles before the system goes live.
If you would like to understand more about your obligations and/or would like assistance transitioning to the new system, please complete the form.
Download our MTD for ITSA Roadmap
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How ready are you for MTD?
Request a free MTD readiness check
Free MTD readiness call
We offer landlords and self-employed a free 15-minute Making Tax Digital readiness call.
This call will confirm:
- whether Making Tax Digital applies to you
- what you need to do next
- when you need to be ready
There is no obligation, so book your free call.
Complete the form or call us directly on 01635 555 666.
Independent advice. Clear next steps. No impact on your letting arrangements.