Making Tax Digital, without the panic
If you’re a sole trader or landlord, Making Tax Digital for Income Tax changes how you keep records and report to HMRC. Find out if and when it affects you.
Who this is for
Sole traders
Self-employed income from your own business.
Landlords
Income from UK or overseas property.
Both
Your qualifying income is the two added together.
Getting ready in four steps
- Work out your qualifying income
- Find your start date
- Choose HMRC-recognised software
- Keep digital records and send quarterly updates