Making Tax Digital (MTD)
Making Tax Digital for Income Tax Self Assessment (MTD ITSA) requires eligible self-employed individuals and landlords to keep digital records and submit quarterly updates using compatible software.
What is Making Tax Digital for Income Tax?
Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is part of HMRC's digital transformation programme. It requires eligible taxpayers to keep digital records of their business income and expenses, and submit quarterly updates to HMRC using compatible software, rather than submitting a single annual Self Assessment return.
Who Needs to Comply?
- • Self-employed and Landlords with business income over £50,000 from 26/27 tax year
- • Self-employed and Landlords with business income over £30,000 from 27/28 tax year
- • Potential lowering of the income threshold in 28/29 tax year
- • Phase rollout starting from April 2026
Key Requirements
- • Keep digital records of income and expenses
- • Submit quarterly updates to HMRC
- • Use MTD-compatible software
- • Complete End of Period Statement (EOPS)
Benefits of MTD Compliance
Improved Accuracy
Reduce errors with digital record keeping and automated calculations
Time Savings
Streamline your quarterly submissions with automated digital records
Compliance
Stay compliant with HMRC requirements and avoid penalties
Introducing StrideBooks
Make MTD ITSA compliance effortless with our comprehensive accounting software designed specifically for self-employed individuals and landlords.
MTD ITSA Ready
Fully compliant with HMRC's Making Tax Digital for Income Tax requirements
Quarterly Updates
Submit your quarterly business and property updates directly to HMRC
Digital Record Keeping
Automatically track income and expenses with compliant digital records
Expert Support
Get help from our qualified accounting team with MTD ITSA compliance
Need help with MTD compliance? Contact our team for personalized assistance.
