08/10/2026
From 6 April 2027, Making Tax Digital for Income Tax becomes mandatory for those with qualifying income over £30,000 in the 2025/26 tax year, unless an exemption applies.
The threshold applies to your combined income from self-employment and property before expenses are deducted, rather than your profit.
You’ll need to:
• Keep digital records of income and expenses.
• Use compatible software to send quarterly updates to HMRC.
• Submit your annual tax return through that software.
Preparing now gives you time to choose suitable software, get your records organised and become comfortable with the new reporting requirements.
Unsure whether you’ll be affected? Get in touch - we can check your position and help you prepare for a smooth transition.