A significant change to how self-employed individuals and landlords report their income to HMRC came into effect in April 2026. If you have not yet taken action, now is the time to check whether you are affected.
What is Making Tax Digital for Income Tax?
If you have a gross income over £50,000 from self-employment or property, Making Tax Digital for Income Tax has been live since 6 April 2026. The new system replaces the annual Self Assessment return with quarterly digital updates, plus a year-end finalisation.
This means that instead of filing one annual Self Assessment return, affected taxpayers must now submit digital updates to HMRC every quarter using compatible software.
Who is affected right now?
- Self-employed individuals with gross income above £50,000
- Landlords with gross property income above £50,000
The threshold is expected to lower to £30,000 in April 2027, bringing more people into the system.
What do you need to do?
You will need MTD-compatible software to submit your quarterly updates. Spreadsheets and manual records submitted directly to HMRC will no longer be accepted.
How we can help
At Capital Force One, we can handle your Making Tax Digital submissions on your behalf, ensuring you remain compliant without the burden of managing software and quarterly deadlines yourself. Contact us for a free initial consultation.
Let us handle your MTD submissions
We manage the software, the quarterly updates, and the year-end finalisation — so you don't have to.
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