Making Tax Digital for Income Tax

 Making Tax Digital (MTD) is HMRC’s move towards a fully digital tax system.

For Income Tax, this means:

• Keeping your records digitally
• Submitting updates to HMRC every quarter
• Completing a final year-end submission
   

It replaces the traditional once-a-year tax return process for those affected.

 You may need to follow MTD for Income Tax if you have:

• Self-employment income
• Property (rental) income
   

And your total income (before expenses) from these sources is:

• Over £50,000 from April 2026
• Over £30,000 from April 2027
   

If you’re close to these thresholds, it’s worth preparing early.

Not sure if this applies to you?
Send us a message and we can help you find out.

 Instead of submitting one tax return per year, you will:

• Send 4 updates to HMRC during the year  (in August, November, February and May)
• Submit a final year-end declaration
   

This doesn’t mean paying tax four times a year.

But it does mean your records need to be accurate and up to date throughout the year.

 Most people we speak to are currently:

• catching up on bookkeeping once a year
• using spreadsheets or paper
• unsure what MTD actually means for them
   

That’s completely normal. But MTD makes that approach harder to maintain.

You don’t need to panic.

But you do need to be set up properly.

With the right systems and support, this can be straightforward and manageable.

 We work with small businesses to:

• Set up simple, HMRC approved systems
• Keep records organised throughout the year
• Stay compliant without unnecessary stress
   

Clear, practical support. No jargon.

• You don’t need to figure it all out yourself
• You don’t need complicated systems
• But you do need to get ahead of it 

I can take a look at your situation and explain exactly what this means for you.

No pressure. Just clarity.

Send us a message or WhatsApp on 07482 404567

Call us on 01424 575646

Or send us an email at hello@battlefinancial.co.uk