📢 Attention landlords: Making Tax Digital is on the horizon From April 2026, sole trader landlords who earned £50,000 or more in gross rental or self-employment income in the 2024-2025 tax year will begin moving to quarterly reporting under Making Tax Digital, with a final return at the end of the tax year. Key things to think about: ✔️ Having the right software in place to update your information ✔️ Submitting returns at the right time ✔️ Avoiding unnecessary penalties from HMRC 👉 Find out mo

Making Tax Digital (MTD) is HMRC’s big tax change designed to move away from paper and old style tax returns. Instead of sending one annual self assessment, you’ll keep digital records in compatible software and send quarterly updates direct to HMRC. This is all about reducing errors and giving you a clearer view of your tax in real time. MTD for VAT is already live, but the big shift is MTD for Income Tax Self Assessment. From April 2026, if you’re self employed or a landlord earning over £50,0

Making Tax Digital is one of the biggest tax changes HMRC has ever rolled out, and it is already changing the way individuals and businesses deal with their tax return and self assessment. At its core, Making Tax Digital is HMRC’s plan to modernise the UK tax system by replacing paper forms and outdated processes with digital record keeping and online submissions. If you run a business, are self employed, or even a landlord, these rules directly affect the way you keep records and file to HMRC.

🇬🇧 Who needs to prepare for HMRC's Making Tax Digital legislation? Accountants ✔️ Bookkeepers ✔️ Small business ✔️ Our MD Gary Turner shares what you need to do to make sure you're ready to bring your VAT returns into the modern age 👇 | Xero

Sole traders and landlords – get ready for Making Tax Digital. 📅 From 6 April 2026, if your turnover from property and self‑employment is over £50,000, you’ll need to keep digital records and send quarterly updates using recognised software. ✅ Sign up today: https://makingtaxdigital.campaign.gov.uk/?&utm_source=f.co_hmrcgovuk&utm_medium=social&utm_campaign=mtd | HMRC

6.2K views · 63 reactions | Sole traders and landlords, it's time to get ready for Making Tax Digital if your turnover is above £50,000. | HMRC | Facebook