Tax is changing in April 2026 for landlords and sole traders with turnover above £50,000. Get ready for Making Tax Digital. | HMRC

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 coming - are you ready? 📋 In April 2026, the UK government's Making Tax Digital scheme launches, and if you're self-employed or earning rental income, this changes everything. Starting at £50,000 in total annual income, you'll need to register. But that's just phase one. In April 2027, the threshold drops to £30,000. By April 2028, it's £20,000. 📉 So what does that mean for your business? In this reel, we break down: • Why Making Tax Digital is unavoidable (and when it ap