Update Notice for Making Tax Digital for Income Tax
This Update Notice sets out the information that a relevant person should send to HMRC quarterly using Making Tax Digital-compatible software.
Documents
Details
From April 2026 Making Tax Digital (MTD) for Income Tax, will apply to relevant persons (unincorporated businesses and landlords) with business and/or property income over £50,000, followed by those with income over £30,000 from April 2027.
The Income Tax (Digital Requirements) Regulations 2021, as amended by The Income Tax (Digital Requirements) (Amendment) Regulations 2024, set out the requirements with which relevant persons must comply under MTD for Income Tax. These include requirements to use MTD-compatible software to keep and preserve their business records (business income and expenses) digitally and to send quarterly updates of their records to HMRC.
This Update Notice sets out the information that a relevant person should send to HMRC quarterly using MTD-compatible software.