16/03/2026
๐ข Making Tax Digital (MTD) โ Changes Coming From April!
From April, Making Tax Digital for Income Tax will start to come into effect.
If you are self-employed or a landlord with a turnover over ยฃ50,000, these changes will apply to you.
Under the new rules, you will need to:
โ๏ธ Keep digital records of your income and expenses
โ๏ธ Submit quarterly updates to HMRC using compatible software
โ๏ธ Complete a final end-of-year declaration
This is part of HMRCโs move towards a fully digital tax system, and it will change the way many people manage and report their finances.