Prepare early for MTD for Income Tax

The current transition dates

HMRC states that qualifying income above £50,000 for 2024/25 brings MTD for Income Tax from 6 April 2026; above £30,000 for 2025/26 brings it from 6 April 2027; and above £20,000 for 2026/27 brings it from 6 April 2028.

What changes in practice

Affected sole traders and landlords need compatible software, digital business records and quarterly updates of income and expenses. Your year-end tax return and tax payment deadline still need attention.

MTD Income Tax reporting prices

Choose the option that reflects the income you need to report. All prices below include VAT.

• Nil-income MTD reporting: £30 per quarter (£120 per year). Includes four quarterly submissions and the final annual declaration.
• MTD reporting with income: £90 per quarter (£360 per year). Includes four quarterly submissions and the final annual declaration.

MTD reporting with property income

The price depends on the number of properties included in your reporting.

• 1–3 properties: £90 per quarter (£360 per year).
• 4–5 properties: £150 per quarter (£600 per year).
• Both options include four quarterly submissions and the final annual declaration.

MTD Income Tax and VAT Returns package

£135 per quarter (£540 per year). All prices include VAT.

• Four quarterly MTD Income Tax submissions and the final annual declaration: £30 per quarter (£120 per year).
• Four quarterly VAT Returns: £105 per quarter (£420 per year).

MTD for directors with a Bronze, Silver or Gold accounting package

For directors who purchase one of our Bronze, Silver or Gold accounting packages for their company.

• Director’s MTD income reporting with no income: £30 per quarter (£120 per year).
• Director’s MTD income reporting with income: £75 per quarter (£300 per year).
• Both options include four quarterly submissions and the final annual declaration.

How we help

We can review your qualifying income, confirm compatible software and submission requirements, and prepare agreed quarterly submissions from the digital records you maintain and provide.