Finistry

864,000 Sole Traders and Landlords Must Go Digital by April 2026

HMRC confirms Making Tax Digital for Income Tax launches 6 April 2026 for those earning £50,000+. Two months to prepare.

HMRC has issued a reminder that Making Tax Digital for Income Tax (MTD for ITSA) launches on 6 April 2026. Over 864,000 sole traders and landlords with income above £50,000 must switch to digital record-keeping and quarterly reporting.

This is the biggest change to Self Assessment since it began in 1997. If you're affected, you have two months to get ready.

Key Points

  • Who's affected first: Sole traders and landlords earning £50,000+ (based on 2024-25 tax year)
  • Start date: 6 April 2026
  • What changes: You'll keep digital records using compatible software and submit quarterly updates to HMRC
  • Annual returns stay: You still file your Self Assessment by 31 January each year

Quarterly Deadlines for 2026-27

QuarterPeriodUpdate Due
Q16 Apr - 5 Jul 20267 August 2026
Q26 Jul - 5 Oct 20267 November 2026
Q36 Oct - 5 Jan 20277 February 2027
Q46 Jan - 5 Apr 20277 May 2027

Grace Period for New Users

If you join MTD in April 2026, you won't receive penalty points for late quarterly updates during your first 12 months. This gives you time to adjust to the new system.

What to Do Now

  • Check your income — if you earned £50,000+ from self-employment or property in 2024-25, you're in the first wave
  • Choose MTD software — free options are available, or use paid accounting software
  • Start keeping digital records — get used to the system before April

HMRC says over 20,000 quarterly updates have already been submitted successfully during voluntary testing.


Information accurate as of 15 February 2026. Verify current details on GOV.UK.

Official Sources

making-tax-digitalself-assessment

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