From April 2026
The way you do your tax return changes
"Making Tax Digital (MTD) for Income Tax is a new way to report income from self-employment and property to HMRC. It will be introduced in phases from April 2026."
Instead of filing one tax return a year the new rules mean that you must file quarterly returns from April 2026 with the first return due by 7th August 2026.
We've put together a quick checklist to help you comply with the new Making Tax Digital for Income Tax rules. This is especially useful if you have been informed by HMRC that these rules apply to you. Our checklist includes the new requirements and the tax returns you must file before and after the new rules take effect. A timeline has been provided for each of the tasks. Just click below to request a copy of the checklist.
The new Making Tax Digital for Income Tax regime is a major change to the way that tax returns are filed. But how many taxpayers will it actually impact? The only way to get the answer was to ask HMRC. The results from that request were very interesting. Written for accountants, this article looks at the facts.
The new Making Tax Digital for Income Tax rules do not kick in until at least April 2026. In the meantime you will still have self-assessment tax returns to complete. We can help you with these. We offer Self Assessment Tax Return accountancy services to self employed business owners, side hustlers, retirees, higher rate tax payers, landlords or anyone with additional income who needs a tax return completed.
Remember that just because you file your Self Assessment Tax Return well before the deadline doesn't mean you have to pay the tax straight away. The tax due date remains the same being 31st January foloowing the end of the tax year.
| Turnover | Annual Fee |
|---|---|
| Banking App Users | £159 |
| Cloud Accounting Users | £159 |
| No system from | £249 |
| VAT registered from | £249 |
| Other | Contact Us |
| Turnover | Annual Fee |
|---|---|
| Simple Self Assessment | From £99 |
| Landlords from | From £159 |
| Other | Contact Us |
You're in safe hands
Years in business
Clients Helped
Qualified Accountants
Professional Body Memberships