Income Tax Planning / Making Tax Digital

Making Tax Digital (MTD) for Income Tax

From April 2026, many self-employed individuals and landlords will be required to keep digital records and submit quarterly updates to HMRC with the arrival of Making Tax Digital.

 

This page will tell you everything you need to know about the upcoming changes, including a handy downloadable guide and an FAQ blog.

 

What is Making Tax Digital?

Making Tax Digital (MTD) is HMRC’s move towards a fully digital tax system. From April 2026, many self-employed individuals and landlords will be required to keep digital records and submit quarterly summaries of income and expenses via compatible software.

As well as submitting summaries every quarter, you’ll also need to file a Final Declaration.

The final declaration replaces the traditional Self Assessment Tax Return, and is due on 31st January, along with any tax payments due.

Who will be affected?

MTD will apply to self-employed individuals and landlords whose total qualifying income exceeds certain thresholds.

From April 2026, if you have gross income over £50,000 from self-employment and/or property, you will be required to register. From April 2027, the threshold reduces to £30,000.

Qualifying income is based on total gross income (before expenses) from these sources. If you fall within these thresholds, you will need to keep digital records and submit quarterly updates under the new MTD rules.

Download your guide to Making Tax Digital

For full guidance, FAQs, dates, and deadlines all in one place, get our handy PDF guide to Making Tax Digital today.

Sign up as a GLX client before 30th June 2026 and we will help you get MTD ready for FREE in three easy steps!

  1. Arrange a free consultation with us
  2. We’ll draw up your tailored plan.
  3. GLX will get everything set up at no cost to you!

Additional Resources

For additional information, take a look through our MTD-dedicated blog posts.

Will Moy, manager of GLX Accounting wears a blue quarter-zip jumper as he sits at a table talking to Karheena Woodroofe from GLX Advisory who sits opposite wearing a red blazer.

An Introduction to Making Tax Digital

Overwhelmed with the prospect of MTD? Not sure what it involves?

Our handy blog is an excellent place to start, and gives you the run down of what Making Tax Digital is, who will be affected, how to file, and upcoming deadlines.

Image for the Making Tax Digital Questions Answered blog is a photo of our Director, Grant Miles, who sits at a desk in a light blue shirt and navy blazer, looking at a laptop.

Making Tax Digital: Your Questions Answered

Have questions about Making Tax Digital? You’re not alone.

In this practical FAQ guide, we answer the most common questions business owners ask about MTD, including who must comply, how quarterly reporting works, and much more.

Getting Ready for Making Tax Digital

Preparing for Making Tax Digital doesn’t have to be stressful.

This step-by-step guide explains how to get ready for MTD, from reviewing your current bookkeeping processes to choosing HMRC-compatible software and understanding reporting requirements.

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“From day one they assimilated the workings of our industry and the financial requirements that needed addressing.”

Gaby M

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“We have now streamlined my accounts and I can’t believe how much easier they have made running my business. I always get a prompt response to correspondence and they fill me with confidence in an area of my business where I have felt vulnerable in the past. I have recommended you already and have only heard good things.”

Graham P

“Thanks again for all your help.”

“It’s so reassuring to have you guys on hand, now I have the salon I need to cut admin times down as it was all getting a bit much so this will help loads.”

Racheal S

“Thank you for everything again this year regarding my personal tax.”

“You have been brilliant. You’ve completely put my mind at ease.”

Lisa S

“Grant looks after me day to day, helped me sort my mortgage in a time of need and is super on-it with everything I need…”

“Donna and Rachael were super pro-active on feeding us all information. They are also good value for money, I’ve spoken to other firms prior to using them and they were cheaper then. All in all, excellent all round.”

Rich B

“Overall, very impressed and would definitely recommend. ”

“I have been with GLX for just over a year now and have been really pleased with the professional service I have received. My main dealings and training were with Duncan who has a lot of patience for all my questions! As a new business in this current climate there has been lots to sort out and GLX have taken this on on my behalf which has been great.”

Claire H

“Amazing service.”

“GLX have really helped us in the start up phase of running a new business. Grant Miles really took the trouble to understand not only our business and immediate needs but also our medium and long term plans and objectives. The response times and communication are of the highest quality and they had things set up in no time. Would highly recommend without any hesitation.”

Anonymous

“I cannot recommend them highly enough.”

“GLX have been my accountants for over 25 years. I have always had excellent and professional service. Our furlough claims have been dealt with quickly and painlessly, with regular and timely email updates with information on the latest Government initiatives and guidelines. The support we have had from Jan with our payroll and Duncan with our new accounting system following MTD has been outstanding.”

Jeff S

“Always accurate and excellent value for money.”

“We have used GLX for several years now predominantly for our payroll, payroll over the last few years has become complex and outsourcing this administrative burden to GLX has proved an excellent business decision, during this period GLX have seamlessly implemented and maintain our Workplace Pensions and more recently taken full administrative control of our staff Furlough Scheme, this allows us to focus our time on running our business, especially in these difficult times. Rachael has always been our point of contact and I can only say we have always received first class service, queries answered quickly, and admin always on time.”

David G

“I would and will highly recommend them to anyone.”

“I've been with GLX for over a year now and have found them to be very efficient, always there when you need them and knowledgeable. They are always on the end of the phone when you need them, answer e-mails very quickly and give the right advice. I'm very pleased with my service.”

Robert U

“I can't believe how much easier they have made running my business.”

“Moved to GLX after an incredibly poor service from my previous accountant. GLX have now streamlined my accounts and I can't believe how much easier they have made running my business. I always get a prompt response to correspondence and they fill me with confidence in an area of my business where I have felt vulnerable in the past. I have recommended GLX already and have only heard good things.”

G P

“Wouldn't recommend anyone else for your accountancy needs!”

“These are a very efficient, reliable and friendly accountants. We have never had a problem with them and they have always treated us with the upper most care. ”

Nicky C

“Grant and the rest of the team have been great to work with. ”

“Their help has been invaluable to my business as their professional advice, speedy replies and overall professionalism has been excellent and has helped reduce some of the stress on my company.”

David B

“Great bunch of professional and personable people.”

“We use GLX for quarterly VAT, yearly accounts, payroll, tax investigation insurance, and above all their helpful, personal email advice – even just a quick answer to a quick question, it means a lot to us.”

Sonia S

“GLX respond quickly with strong advice and nothing seems too much trouble.”

“Alongside efficient accountancy, the advisory service I receive has proved extremely helpful. ”

Mark P

“GLX’s experience and financial savvy has proved invaluable to our company.”

“From day one they assimilated the workings of our industry and the financial requirements that needed addressing.”

Gaby M

“Moved after an incredibly poor service from my previous accountant.”

“We have now streamlined my accounts and I can’t believe how much easier they have made running my business. I always get a prompt response to correspondence and they fill me with confidence in an area of my business where I have felt vulnerable in the past. I have recommended you already and have only heard good things.”

Graham P

“Thanks again for all your help.”

“It’s so reassuring to have you guys on hand, now I have the salon I need to cut admin times down as it was all getting a bit much so this will help loads.”

Racheal S

“Thank you for everything again this year regarding my personal tax.”

“You have been brilliant. You’ve completely put my mind at ease.”

Lisa S

“Grant looks after me day to day, helped me sort my mortgage in a time of need and is super on-it with everything I need…”

“Donna and Rachael were super pro-active on feeding us all information. They are also good value for money, I’ve spoken to other firms prior to using them and they were cheaper then. All in all, excellent all round.”

Rich B

“Overall, very impressed and would definitely recommend. ”

“I have been with GLX for just over a year now and have been really pleased with the professional service I have received. My main dealings and training were with Duncan who has a lot of patience for all my questions! As a new business in this current climate there has been lots to sort out and GLX have taken this on on my behalf which has been great.”

Claire H

“Amazing service.”

“GLX have really helped us in the start up phase of running a new business. Grant Miles really took the trouble to understand not only our business and immediate needs but also our medium and long term plans and objectives. The response times and communication are of the highest quality and they had things set up in no time. Would highly recommend without any hesitation.”

Anonymous

“I cannot recommend them highly enough.”

“GLX have been my accountants for over 25 years. I have always had excellent and professional service. Our furlough claims have been dealt with quickly and painlessly, with regular and timely email updates with information on the latest Government initiatives and guidelines. The support we have had from Jan with our payroll and Duncan with our new accounting system following MTD has been outstanding.”

Jeff S

“Always accurate and excellent value for money.”

“We have used GLX for several years now predominantly for our payroll, payroll over the last few years has become complex and outsourcing this administrative burden to GLX has proved an excellent business decision, during this period GLX have seamlessly implemented and maintain our Workplace Pensions and more recently taken full administrative control of our staff Furlough Scheme, this allows us to focus our time on running our business, especially in these difficult times. Rachael has always been our point of contact and I can only say we have always received first class service, queries answered quickly, and admin always on time.”

David G

“I would and will highly recommend them to anyone.”

“I've been with GLX for over a year now and have found them to be very efficient, always there when you need them and knowledgeable. They are always on the end of the phone when you need them, answer e-mails very quickly and give the right advice. I'm very pleased with my service.”

Robert U

“I can't believe how much easier they have made running my business.”

“Moved to GLX after an incredibly poor service from my previous accountant. GLX have now streamlined my accounts and I can't believe how much easier they have made running my business. I always get a prompt response to correspondence and they fill me with confidence in an area of my business where I have felt vulnerable in the past. I have recommended GLX already and have only heard good things.”

G P

“Wouldn't recommend anyone else for your accountancy needs!”

“These are a very efficient, reliable and friendly accountants. We have never had a problem with them and they have always treated us with the upper most care. ”

Nicky C

“Grant and the rest of the team have been great to work with. ”

“Their help has been invaluable to my business as their professional advice, speedy replies and overall professionalism has been excellent and has helped reduce some of the stress on my company.”

David B

“Great bunch of professional and personable people.”

“We use GLX for quarterly VAT, yearly accounts, payroll, tax investigation insurance, and above all their helpful, personal email advice – even just a quick answer to a quick question, it means a lot to us.”

Sonia S

“GLX respond quickly with strong advice and nothing seems too much trouble.”

“Alongside efficient accountancy, the advisory service I receive has proved extremely helpful. ”

Mark P

“GLX’s experience and financial savvy has proved invaluable to our company.”

“From day one they assimilated the workings of our industry and the financial requirements that needed addressing.”

Gaby M

“Moved after an incredibly poor service from my previous accountant.”

“We have now streamlined my accounts and I can’t believe how much easier they have made running my business. I always get a prompt response to correspondence and they fill me with confidence in an area of my business where I have felt vulnerable in the past. I have recommended you already and have only heard good things.”

Graham P

“Thanks again for all your help.”

“It’s so reassuring to have you guys on hand, now I have the salon I need to cut admin times down as it was all getting a bit much so this will help loads.”

Racheal S

“Thank you for everything again this year regarding my personal tax.”

“You have been brilliant. You’ve completely put my mind at ease.”

Lisa S

“Grant looks after me day to day, helped me sort my mortgage in a time of need and is super on-it with everything I need…”

“Donna and Rachael were super pro-active on feeding us all information. They are also good value for money, I’ve spoken to other firms prior to using them and they were cheaper then. All in all, excellent all round.”

Rich B

“Overall, very impressed and would definitely recommend. ”

“I have been with GLX for just over a year now and have been really pleased with the professional service I have received. My main dealings and training were with Duncan who has a lot of patience for all my questions! As a new business in this current climate there has been lots to sort out and GLX have taken this on on my behalf which has been great.”

Claire H

“Amazing service.”

“GLX have really helped us in the start up phase of running a new business. Grant Miles really took the trouble to understand not only our business and immediate needs but also our medium and long term plans and objectives. The response times and communication are of the highest quality and they had things set up in no time. Would highly recommend without any hesitation.”

Anonymous

“I cannot recommend them highly enough.”

“GLX have been my accountants for over 25 years. I have always had excellent and professional service. Our furlough claims have been dealt with quickly and painlessly, with regular and timely email updates with information on the latest Government initiatives and guidelines. The support we have had from Jan with our payroll and Duncan with our new accounting system following MTD has been outstanding.”

Jeff S

“Always accurate and excellent value for money.”

“We have used GLX for several years now predominantly for our payroll, payroll over the last few years has become complex and outsourcing this administrative burden to GLX has proved an excellent business decision, during this period GLX have seamlessly implemented and maintain our Workplace Pensions and more recently taken full administrative control of our staff Furlough Scheme, this allows us to focus our time on running our business, especially in these difficult times. Rachael has always been our point of contact and I can only say we have always received first class service, queries answered quickly, and admin always on time.”

David G

“I would and will highly recommend them to anyone.”

“I've been with GLX for over a year now and have found them to be very efficient, always there when you need them and knowledgeable. They are always on the end of the phone when you need them, answer e-mails very quickly and give the right advice. I'm very pleased with my service.”

Robert U

“I can't believe how much easier they have made running my business.”

“Moved to GLX after an incredibly poor service from my previous accountant. GLX have now streamlined my accounts and I can't believe how much easier they have made running my business. I always get a prompt response to correspondence and they fill me with confidence in an area of my business where I have felt vulnerable in the past. I have recommended GLX already and have only heard good things.”

G P

“Wouldn't recommend anyone else for your accountancy needs!”

“These are a very efficient, reliable and friendly accountants. We have never had a problem with them and they have always treated us with the upper most care. ”

Nicky C

“Grant and the rest of the team have been great to work with. ”

“Their help has been invaluable to my business as their professional advice, speedy replies and overall professionalism has been excellent and has helped reduce some of the stress on my company.”

David B

“Great bunch of professional and personable people.”

“We use GLX for quarterly VAT, yearly accounts, payroll, tax investigation insurance, and above all their helpful, personal email advice – even just a quick answer to a quick question, it means a lot to us.”

Sonia S

“GLX respond quickly with strong advice and nothing seems too much trouble.”

“Alongside efficient accountancy, the advisory service I receive has proved extremely helpful. ”

Mark P