What is MTD for Income Tax and who must comply?
Making Tax Digital (MTD) for Income Tax Self Assessment is HMRC's flagship reform: from April 2026, self-employed individuals and landlords with combined qualifying income above £50,000 must keep digital records and submit quarterly updates to HMRC using approved software, plus a final declaration at year-end. The qualifying income is the sum of gross self-employment turnover and gross property/rental income. From April 2027, the threshold drops to £30,000; from April 2028, to £20,000. By the end of the rollout, an estimated 4 million people will be in scope. Compliance involves: choosing approved software (FreeAgent, Xero, QuickBooks Self-Employed, Sage 50, IRIS Elements, and others), maintaining digital records of all business transactions, submitting quarterly summary updates by the 7th of the month after the quarter ends (May, August, November, February), and submitting a final declaration by the 31st January following the tax year. Penalties for non-compliance start at £100 per missed deadline, and HMRC has flagged this as a priority enforcement area. Even if you're below the threshold, you can voluntarily sign up early to get used to the system — particularly worthwhile if you're approaching the threshold. As an example, if your self-employment income is £35,000 and rental income £18,000, your combined qualifying income is £53,000 — above the 2026 threshold, so you must comply from April 2026. The major MTD-compatible software providers are FreeAgent, Xero and QuickBooks.
Official source: gov.uk · Data updated: 2026-04-09