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Elizabeth P
Community Manager
March 26, 2026
Question

Making Tax Digital (MTD): "I earn over £50K, what does HMRC expect now?"

  • March 26, 2026
  • 0 replies
  • 13 views

From April 2026, Making Tax Digital for Income Tax will apply to self-employed individuals and landlords with qualifying income over £50,000. We know Making Tax Digital has raised a lot of questions lately, so we've put together some short video to cut through the noise and cover the key things you need to know. 

 

"I earn over £50K, what does HMRC expect now?"

 

 

If your business earns over £50K (that's earnings, not profit), you'll be filing quarterly submissions plus a roundup return at the end of the year. 


Important:
you cannot do this directly on the HMRC website, you'll need to use a piece of MTD-compatible software (like QuickBooks).


Making Tax Digital (MTD) Resource Hub

Whether you are setting up MTD for the first time, preparing for MTD, or troubleshooting, you will find the right support in our resource hub.