Making Tax Digital (MTD) for Income Tax is being rolled out in phases for landlords and the self-employed, starting in April 2026. If your gross rental and/or self-employment income is over £50,000, you'll be required to keep digital records and submit quarterly updates to HMRC rather than filing a single annual Self Assessment return. The threshold then drops to £30,000 from April 2027, and £20,000 from April 2028 - pulling in the majority of landlords over the next few years.
For many landlords, this is a significant change to how they manage their finances - moving from an annual paperwork exercise to an ongoing quarterly process using MTD-compatible software. Getting set up early, and choosing the right software for your situation, can make the transition far less stressful than leaving it until the deadline.
This guide explains exactly who is affected and when, what digital record-keeping actually involves, how the quarterly submissions and the year-end final declaration work, and how to choose software that fits a landlord's needs.
The full guide will cover: