Making Tax Digital (MTD) is changing how small business owners and landlords report their income to HMRC.
From April 2026, if your turnover is over £50,000, you’ll need to keep digital records and submit updates to HMRC every quarter. This threshold reduces to £30,000 in 2027 and £20,000 in 2028, meaning most people will be affected over the next few years.
As the rules have now come into effect from 6th April 2026, anyone affected should be thinking about registering for MTD with HMRC and getting their systems set up. The first quarterly submission deadline is 7th August 2026, so preparing early will help avoid unnecessary stress closer to the deadline.
This session on Wednesday 13th May at 1pm is designed to give you a clear, practical understanding of what’s changing and what it means for you.
What we’ll cover:
– What Making Tax Digital is and why it’s being introduced
– Who it applies to and when
– How the new quarterly reporting system works
– The different ways you can comply (software vs spreadsheets)
– The software options available (such as Xero and FreeAgent) and how to choose what’s right for you
– The pros and cons of each approach
– What this means for your time, costs, and how you run your business
– Practical steps you can take now to prepare
Who this is for:
– Sole traders
– Landlords
– Anyone running a small business who wants to stay ahead of the changes
What you’ll get from the session:
– A clear understanding of whether MTD affects you
– Confidence in your options moving forward
– Practical guidance on choosing the right software and setup
– Simple, practical advice to help you stay compliant without unnecessary stress
This session is not about overwhelming you with rules. It’s about helping you understand what’s coming and how to approach it in a way that works for you.
🎥 Watch the full session here.
Download →