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Making Tax Digital

Written by Tony Shackleford on .

Making Tax Digital for Income Tax (MTD) commences in April 2026. This impacts on indivduals who have property rental income (gross) and sales income from self-employment of £50,000 or more per tax year. From April 2027 MTD catches those with income of £30,000 or more and from April 2028 income in excess of £20,000.

The latest estimate is that over 800,000 individuals will be caught by MTD in 2026, over 1 million additional tax payers will be caught in 2027 and approximately another 1 million in 2028.