From April 2025, the way many people in the UK report their income to HMRC is changing. If you’re self-employed or earn money from rental property, you may soon need to follow Making Tax Digital (MTD) rules for Income Tax Self Assessment (ITSA).

🔍 What’s Changing?

If you earn over £50,000 from self-employment or property:

• You’ll need to keep digital records
• Use approved software
• Submit quarterly updates to HMRC (instead of one yearly tax return)

Those earning between £30,000–£50,000 will follow in 2027.

✅ Why It Matters

MTD aims to make tax easier and more accurate, but it also means more frequent reporting and possibly new software to learn.

💡 What You Can Do Now

• Check if your income qualifies
• Start keeping digital records
• Choose MTD-compatible software
• Ask an accountant or advisor if you need help

🧾 We’re Here to Help

MTD might sound like a headache—but with the right support, it doesn’t have to be. We can help you stay compliant and make your accounts more efficient.

Get in touch using the contact form below, or call on 02920 624230 to get ready for MTD the easy way.