Landlords More Prepared than Expected Ahead of Making Tax Digital Deadline - BuyAssociation Group

Landlords more prepared than expected ahead of Making Tax Digital deadline - BuyAssociation Group

Buy-to-let landlords are further ahead than many sole traders in their preparations for Making Tax Digital (MTD), according to new research carried out by Wolters Kluwer Tax & Accounting. The study reveals there is a clear readiness gap, with four in five landlords (80%) saying they feel prepared for the changes, compared to 64% of sole traders, while another third of sole traders (36%) admit they are not ready. From April 2026, taxpayers with b…

Making Tax Digital for Income Tax is moving fast, but many taxpayers are still not ready

For sole traders and landlords, Making Tax Digital for Income Tax is no longer a distant deadline. It is approaching quickly, yet new research suggests that a significant proportion of those affected remain unclear about what is required, unconvinced of the benefits, or simply unprepared for the scale of change ahead. Despite repeated communications from HMRC, awareness among sole traders in particular remains stubbornly low. A recent study by W…