Making Tax Digital for Income Tax (MTD for IT) is a major change being implemented to the UK tax regulations.
The Making Tax Digital rules are being phased in and will apply for Income Tax Self-Assessment (ITSA) from April 2026 for landlords and self-employed individuals with total property or business income that exceeds £50,000 a year in 2026 and £30,000 a year in 2027.
KEEP DIGITAL RECORDs
You must keep digitised receipts and accurate digital records of all taxable income and expenses. Learn more.
USE APPROVED SOFTWARE
Landlord Studio will be directly integrated with the HMRC before the 2026 deadline. Alternatively, use our Xero integration to become MTD compliant today. Learn more.
QUARTERLY RETURNS
Tax returns will need to be submitted to the HMRC digitally every quarter. Learn more.
The new MTD rules are being phased in. Already most VAT registered businesses need to be using MTD software.
VAT REGISTERED BUSINESSES
From April 2019 if you’re VAT registered and earning above the threshold of £85,000 you need an MTD approved software.
SELF-EMPLOYED
From April 2026 self-employed, with turnover above £50,000 per year.
LANDLORDS
From April 2026 Landlords with taxable income above £50,000 per year will need an MTD approved software.
The new MTD service aims to increase the speed and accuracy of tax filings by removing manual data transfer and avoidable errors.
MAINTAIN DIGITAL RECORDS
Businesses must keep digital records of VAT data. Get started with Landlord Studio and use our Xero integration for easy MTD submissions.
REGISTER FOR MTD
Register for the digital tax service through your existing Government Gateway account.
FIVE ‘TAX RETURNS’ A YEAR INSTEAD OF ONE
Using this system you’ll need to file quarterly tax returns plus a final end of year return (known as a final declaration).
DIGITISE YOUR RECEIPTS
Quickly digitise your receipts with our Smart Scan technology and we extract the dates and amounts for you.
CONNECT YOUR BANK
Connect your bank account to view and reconcile bank transactions in real time and increase your accounting accuracy and speed.
XERO INTEGRATION
Use our Xero Integration to automatically sync your financial data to Xero and submit accurate quarterly returns and your end-of-year statement.