Making Tax Digital – Major tax reporting changes are coming – are you prepared?

From April 2026, thousands of sole traders, landlords and the self-employed will face new legal requirements for how they report and manage their tax.

 

If your income from self-employment or property exceeds £50,000, you will be legally required to:

Keep digital records

Submit quarterly updates to HMRC

Use approved software to stay compliant

What is Making Tax Digital and what does it mean for you?

Making Tax Digital (MTD) is the Government’s plan to overhaul the UK’s tax system by requiring more frequent, digital tax reporting.


The goal? Fewer errors, faster reporting, and improved transparency.


But for you, it means:

New processes to adopt
New software to choose and integrate
More frequent deadlines to stay on top of

Want more information about MTD?

When will Making Tax Digital affect you?

Download our visual roadmap for a breakdown of dates, requirements, and actions to take.

 

These steps will replace the current annual Self-Assessment return and will become mandatory by law.

How can we help you?

You don’t need to handle this alone. Our expert team can:

Confirm whether and when MTD applies to you​
Help you choose and set up compatible software​
Train you or your team in digital record-keeping
Help you choose and set up compatible software
Manage your quarterly submissions
Assist with applying for exemptions if eligible

Don’t wait and run the risk of failing compliance.

 

Speak to us today and put yourself in the best position possible ahead of the next phase of MTD.