Making Tax Digital for Income Tax

MSA GB members are reminded that the much anticipated change to income tax submissions by the self-employed, Making Tax Digital, is fast approaching.

You need to follow the requirements for Making Tax Digital for Income Tax if you are self-employed or a landlord from:

• 6 April 2026 if you have an annual business or property income of more than £50,000

• April 2027 if you have an annual business or property income of more than £30,000

Some businesses and agents are already keeping digital records and providing updates to HMRC as part of a live pilot to test and develop the Making Tax Digital for Income Tax.

If you are a self-employed business or landlord, check if you can voluntarily sign up now through your software provider.

If you’re signing up your own business, you should use the step-by-step guide for Making Tax Digital for Income Tax to get started.

If you’re an agent, you should follow the Making Tax Digital for Income Tax step by step guide for agents.

The introduction of this major change has been put back by a couple of years for self-employed small businesses. There is more advice at https://www.gov.uk/government/publications/making-tax-digital/overview-of-making-tax-digital, or contact your accountant, including MSA GB-approved FBTC.