The deadline is soon approaching for an estimated 860,000 self-employed business owners and landlords to report their income and expenses each quarter. The Government’s Making Tax Digital for Income Tax is effective from 6 April 2026.
It applies initially to those with annual income over £50,000 a year and the deadline is the 7th August 2026 to file a quarterly update. #mtd #makingtaxdigital #hmrc #soletrader #landlord