MARKING TAX DIGITAL (MTD): WHY, HOW, WHEN
- info20553868
- Apr 5
- 1 min read
In this video, I break down Making Tax Digital (MTD) – one of the biggest changes to the UK tax system in decades.
Whether you're a sole trader, a landlord, or running a small business in the UK, MTD will affect how you report income and pay tax to HMRC.
Most people still don’t know what MTD is or how to prepare. But with changes starting from April 2026, now is the time to understand how it works and what you need to do.
👉 What we cover in this video:
What is Making Tax Digital?
Who will be affected and when?
Key MTD deadlines for Income Tax
What digital records you’ll need to keep
How quarterly reporting will work
Steps to prepare now and avoid penalties
The truth is – HMRC is going digital to reduce errors and close the tax gap. This means big changes for how tax returns are filed in the UK.
📌 If your qualifying income is over £50,000, MTD for Income Tax will apply to you from April 2026. Start getting ready today.
✅ Learn what software you’ll need
✅ Understand the new quarterly submission rules
✅ Avoid last-minute stress and HMRC penalties
Don’t wait until it’s too late. Watch the video to stay ahead of the curve.
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