Making Tax Digital for Income Tax

A Major Change for Sole Traders and Landlords

Making Tax Digital for Income Tax is changing the way self-employed individuals and landlords keep records and report information to HM Revenue & Customs (HMRC).

From 6 April 2026, qualifying individuals with gross income from self-employment and property above the relevant threshold will need to keep digital records and submit quarterly updates to HMRC.

Prepare for MTD with our new tools

Our MTD Self-Employment Tool is designed to help sole traders record their income and expenses, check the tax treatment of business expenses, calculate allowable amounts and prepare their quarterly information.

The tool also helps you prepare the figures needed to complete your MTD quarterly update, providing a clear breakdown of the information required for quarterly reporting.

Explore our Calculators & Tools to get started.

More detailed information about Making Tax Digital for Income Tax is available in the News section.

Accountancy services

Processing payroll

Daily or weekly accounting entries

Bank and credit card reconciliations

Managing accounts payable

Managing accounts receivable

Credit control

Online tax &
Companies House Returns


Account management

Budgeting and forecasting report

Preparation and analysis of financial statements

Financial analysis


Preparation & submission of VAT returns

Company year-end accounts

Submission of annual returns

Personal tax returns

Corporation tax returns

Your financials made wise

Contact


gpzolee-accounting.com

61 Bridge Street, Kington, HR5 3DJ