01 Jul 2026 Making tax digital - first quarterly update is due on 7 August

Making Tax Digital (MTD) for Income Tax is now legally required for sole traders and landlords with a turnover of over £50K. It will then be rolled out to individuals with turnover above £30,000 from April 2027, and £20,000 from April 2028.

If you’ve signed up to Making Tax Digital for Income Tax in April 2026, you should now be creating your records digitally in preparation for sending HMRC your first quarterly update by 7 August 2026. You’ll send quarterly updates to HMRC every 3 months using compatible MTD software of your choice.

Read more about Making Tax Digital on this website.