Support for sole traders, landlords and people with both income types moving to digital records, quarterly updates and final declarations.
MTD for Income Tax applies to sole traders, landlords, or people with both types of qualifying income, with HMRC bringing people in by income threshold.
Getting set up early helps avoid last-minute pressure. HMRC will not apply penalty points for late quarterly updates in the first mandated year, but late tax returns and late payment penalties can still apply.
Repeated missed deadlines can move taxpayers into HMRC’s points-based penalty regime.
We can review your position and map out the simplest route to compliance.
A simple one-page guide visitors can keep, print or use as a starting point.