Making Tax Digital for Income Tax: What Sole Traders and Landlords Need to Know in September 2026
What is changing? Making Tax Digital (MTD) for Income Tax became mandatory from 6 April 2026 for sole traders and landlords with qualifying income above £50,000. Affected taxpayers need to keep digital records and send quarterly updates to HMRC using compatible software. Why is September 2026 important? From September 2026, HMRC is beginning to sign…
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