Making Tax Digital
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MTD for Landlords With Jointly Owned Property: What You Need to Report
Jointly owned property is one of the areas of Making Tax Digital for Income Tax that can catch landlords out. On the surface, it sounds simple enough. You receive rental income, you keep digital records and you send quarterly updates. But HMRC’s current guidance gives joint property owners extra flexibility, and if you miss that
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Standard vs Calendar Quarterly Updates for MTD: Which Should You Choose?
When you start using Making Tax Digital for Income Tax, one of the practical setup decisions is how your quarterly update periods will work. For many sole traders and landlords, this question gets missed because most of the attention goes on thresholds, deadlines and software. But choosing the right update period can make your bookkeeping
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Can You Be Exempt From MTD Income Tax? What Sole Traders and Landlords Should Know
Not everyone who falls near the Making Tax Digital rules will actually have to use Making Tax Digital for Income Tax. HMRC’s current guidance confirms that some people are exempt automatically, while others may need to apply for an exemption. This is an important distinction. A lot of business owners hear the word exemption and
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HMRC Hasn’t Written to Me About MTD: Do I Still Need to Sign Up?
If HMRC has not written to you about Making Tax Digital for Income Tax, it can be tempting to assume you are not affected yet. In many cases, that assumption could be wrong. HMRC guidance makes it clear that even if you do not receive a letter, it is still your responsibility to check whether
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What Digital Records Do You Need to Keep for MTD Income Tax?
Many sole traders and landlords know that Making Tax Digital for Income Tax is coming, but a lot of people are still unclear on one basic question: What exactly do I need to keep digitally? That confusion matters. If you are brought into MTD for Income Tax, HMRC expects you to keep digital records using
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How to Work Out Your MTD Qualifying Income for 2026
Many sole traders and landlords are still asking the same question: does Making Tax Digital for Income Tax apply to me yet? The answer depends on your MTD qualifying income, and this is where many people get caught out. HMRC does not look at your profit. It looks at your gross income from self-employment and
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Making Tax Digital 2026: What Happens If You’re Not Ready?
Making Tax Digital 2026: What Happens If You’re Not Ready? Thousands of sole traders and landlords will need to start using Making Tax Digital from April 2026 — and many are still not fully prepared. If you are still relying on spreadsheets, paper records, or a once-a-year approach to tax, now is the time to
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Making Tax Digital: Why Now Is the Smartest Time to Speak to an Accountant
Most UK businesses feel relieved after submitting their tax returns — but this calm period is the perfect time to prepare for Making Tax Digital. Find out why speaking to a certified accountant now can save stress, time and money later.
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The Biggest Misconception About MTD Quarterly Updates
Quarterly updates aren’t mini tax returns. Many sole traders and landlords think they need to calculate tax four times a year under MTD ITSA—but that’s not how it works. Learn exactly what HMRC receives, when deadlines fall, and how to stay compliant without the stress. Plus: the 12-month penalty soft landing you need to know…
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Making Tax Digital Is Coming — And UK Businesses Are Right to Be Concerned
Making Tax Digital is coming — and many UK businesses aren’t ready. As MTD expands, demand for accountants is rising fast, pushing fees up and reducing availability. Business owners who wait may pay more or struggle to find support. Find out why acting early could save you money and stress — and how AA&R Accountancy…