BLOG

Making Tax Digital for Income Tax (MTD ITSA) will soon become mandatory for many landlords and self-employed individuals. One of the most common questions we receive is: “Do I need to register for MTD, and if so, when?” This guide explains, in plain English, how HMRC decides when you must join. How HMRC Works Out the MTD Threshold HMRC looks only  at: Gross Property income  (e.g., rental income) Gross Self-employment income , if you have any Income such as employment income,

Frequently Asked Questions — Making Tax Digital (MTD) 1. What is Making Tax Digital (MTD)? MTD is an HMRC initiative requiring individuals and businesses to keep digital records and submit tax information using MTD-compatible software. 2. Who needs to follow MTD for Income Tax (ITSA)? From 6 April 2026 , landlords and self-employed individuals earning over £50,000  must comply. From April 2027 , the threshold reduces to £30,000 . 3. What does MTD mean for landlords with multi

If you are new to Self Assessment and need to submit a tax return for 2024/25, you will need to register for Self Assessment. This should be done before 5 October 2025 in order to avoid a penalty and to ensure that you receive your Unique Taxpayer Reference (UTR) and Notice to File in good time. You can either register for Self Assessment yourself or appoint an agent to register on your behalf. If you register after 5 October 2025, you may incur a failure-to-notify penalty. C