Who Needs to Comply?

From April 2026, MTD ITSA will apply to, self-employed individuals with annual business income over £50,000 and landlords with property income over £50,000

From April 2027, those earning between £30,000 and £50,000 will be brought into the fold.

If your income is below £30,000, HMRC is still reviewing how MTD will apply to you — so stay tuned!

What Will Change?

Instead of filing one Self Assessment tax return each year, you’ll need to:

Keep digital records of income and expenses

Submit quarterly updates to HMRC via MTD-compatible software

Send an End of Period Statement (EOPS) after the tax year ends

Submit a Final Declaration to confirm your total tax liability