MTD Guides

Making Tax Digital for Income Tax: The Complete Guide for Sole Traders

MTD for Income Tax is the biggest change to UK tax administration in a generation. This hub brings together everything you need to understand the rules, prepare your records, and choose the right software — all in one place.

Last updated:

April 2026: MTD Becomes Mandatory
Sole traders and landlords with annual income above £50,000 must use HMRC-compatible software from April 2026. Those above £30,000 follow in April 2027.

What is MTD for Income Tax?

Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is HMRC's programme to modernise the way sole traders and landlords report their income and expenses. Rather than filing a single annual tax return, you'll keep digital records throughout the year and submit quarterly updates directly to HMRC via compatible software.

At the end of each tax year you'll file an End of Period Statement (EOPS) for each income source, followed by a Final Declaration that brings everything together — replacing what was previously your Self Assessment return.

The quarterly updates aren't tax payments — they're summaries of your income and expenses so HMRC can build a more accurate real-time picture of your tax position throughout the year.

Read the full guide: What is MTD for Income Tax?

Who is Affected by MTD?

You'll need to comply with MTD for Income Tax if you're a sole trader or landlord (or both) and your total qualifying income from self-employment and property exceeds £50,000 in a tax year. HMRC will assess your eligibility based on the income reported in your most recent Self Assessment return.

If you have income from multiple sources — for example, freelance work plus rental income — both streams count towards the threshold. If your combined income crosses £50,000, you're in scope from April 2026.

Limited exemptions may apply in certain circumstances, such as insolvency, digital exclusion, or religious grounds. HMRC can grant deferrals in exceptional cases.

Check if you're affected: full eligibility guide

Key MTD Deadlines

Once in scope, you'll have four quarterly submission deadlines per year. Below are the standard quarterly windows and their filing dates:

QuarterPeriod coveredSubmission deadline
Q16 April – 5 July7 August
Q26 July – 5 October7 November
Q36 October – 5 January7 February
Q46 January – 5 April7 May

After the year ends, your End of Period Statement is due by 31 January (following the tax year), followed by your Final Declaration.

Full deadlines guide
Start Preparing Early
You don't need to wait until April 2026 to get ready. Choosing your software, setting up digital records, and doing a trial quarterly update now means far less stress when compliance becomes mandatory.

All MTD Guides for Sole Traders

Check if You're Affected by MTD

Answer a few quick questions and get a personalised answer about your MTD obligations and timeline.

Frequently Asked Questions