Glossary · Tax
MTD (Making Tax Digital)
Last reviewed:
Definition: HMRC's programme requiring digital record-keeping and quarterly updates for VAT (already in force) and Income Tax Self Assessment (phased from April 2026).
MTD for Income Tax applies to self-employed people and landlords with qualifying income over £50,000 from April 2026, over £30,000 from April 2027, and over £20,000 from April 2028. Compatible software is required.
Primary source: gov.uk/government/collections/making-tax-digital-for-vat