There is less than a year to go until certain sole traders and landlords will be required to use Making Tax Digital for Income Tax.

MTD income tax will apply from April 2026 to those who receive income from self-employment and/or property where turnover/gross income from these sources combined is above a threshold of £50,000. Those with turnover from these sources combined above a threshold of £30,000 are mandated to join MTD income tax from April 2027. Those with turnover from these sources combined above a threshold of £20,000 will be mandated to join MTD income tax from April 2028

If you require any help or assistance in getting yourself ready for MTD, please contact Fisher & Co. on 01942 513729