HMRC has identified that you may need to comply with Making Tax Digital (MTD) for Income Tax from the start of the next tax year. If eligible, you’ll need to keep digital records, submit quarterly income and expense updates, and complete a final end-of-year digital tax return. MTD is mandatory for most affected self-employed individuals and landlords, although certain exemptions may apply.

If you’re unsure whether MTD affects you, contact us for guidance and support with the transition.