M.T.D. for Self Assessment becomes Mandatory from 6 April 2026 – BE READY

From April 2026 every individual with Income from Self Employment and / or Rental Properties MUST maintain digital records and file a M.T.D. quarterly return with HMRC
Here are the Mandatory Income figures for the requirement to submit quarterly returns
* April 2026, if they have qualifying income from property and/or self-employment of over £50,000
• April 2027, if they have qualifying income from property and/or self-employment of over £30,000
• April 2028, if they have qualifying income from property and/or self-employment of over £20,000

We will be contacting all our clients in the next few months to ready them for the new legal requirements and deadlines as well as providing them with the assistance required to prepare for this transition to fully Digital Record keeping.

If you would like to discuss this please contact our dedicated team