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MTD countdown underway – Landlords and sole traders have just months left to prepare
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MTD countdown underway – Landlords and sole traders have just months left to prepare
The Making Tax Digital (MTD) for Income Tax countdown is on and landlords and sole traders who are not prepared may face costly repercussions. From 6 April 2026, sole traders, landlords and self-employed individuals with a qualifying income over £50,000 will be required to comply with MTD. In the following year, the qualifying income threshold drops to £30,000, followed in April 2028 with a qualifying income threshold of £20,000. With the first …
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