Making Tax Digital (MTD) for Income Tax is one of the biggest changes to personal tax reporting in recent years, and it is approaching quickly.
👉 [Download our Making Tax Digital for Income Tax guide]
From April 2026, self employed professionals and landlords with income over £50,000 will be required to follow new rules under Making Tax Digital for Income Tax. This will mean keeping digital records and submitting quarterly updates to HMRC, rather than completing one annual tax return.
Over the following years, more individuals will be brought into the scheme, as HMRC gradually reduces the income threshold. While this is a longer term change, now is the right time to understand what MTD means and how to prepare.
At The MGroup, we are currently focusing on those who will need to start reporting from April 2026 and helping them make the transition smoothly.
What Is Making Tax Digital for Income Tax?
Making Tax Digital for Income Tax is designed to modernise the UK tax system by moving record keeping and submissions online.
Under the new rules, affected individuals will need to:
- Keep digital records of income and expenses
- Use MTD compliant software
- Submit quarterly updates to HMRC
- Complete a final year end declaration
While this represents a change in how often information is submitted, it does not necessarily mean paying tax more frequently. Instead, it is about more regular reporting and better visibility for both taxpayers and HMRC.
Who Needs to Act Now?
You will need to start preparing now if:
- You are self employed or a landlord
- Your annual income is over £50,000
- You currently submit a Self Assessment tax return
Even if you work with an accountant already, MTD will change how records are kept and shared. Getting the right systems and support in place early can help avoid last minute stress and disruption.
Our Making Tax Digital Service Options
We understand that no two businesses or individuals work in the same way. That is why we have designed three MTD service packages, each offering a different level of support depending on how hands on you want to be.
Digital Starter
This option is for those who want to remain hands on but need help getting everything set up correctly from the start.
What we do
- Set up MTD compliant software
- Provide onboarding and record keeping guidance
- Offer ongoing phone and email support
- Carry out an annual digital record review
You do
- Maintain your records
- Manage your own submissions
Quarterly Partner
This service suits those who prefer support with reviewing and submitting their figures, while still maintaining their own records during the quarter.
What we do
- Everything included in Digital Starter
- Quarterly review of your records
- Quarterly submissions to HMRC
- Year end declaration
- Occasional check ins for advice and queries
You do
- Maintain your records throughout the quarter
Full Service Navigator
Designed for those who want complete peace of mind and minimal involvement.
What we do
- Full bookkeeping service
- Software setup and ongoing management
- Quarterly submissions to HMRC
- Final year end declaration
- Ongoing advice and regular updates
You do
- Send us your information
Why Choose The MGroup?
- Simple, transparent pricing
- Friendly, professional support at every level
- Packages designed around how you work
- Fully prepared for the 2026 deadline, so you will be too
Download Our Making Tax Digital Guide
To help you understand your options at a glance, we have created a short, practical guide to Making Tax Digital for Income Tax.
👉 [Download our Making Tax Digital for Income Tax guide]
If you would like to talk through which service option is right for you, or you would like a no obligation quote, please get in touch with our team.
Government Link
HMRC has published an official Making Tax Digital campaign site explaining how the new rules will work, who needs to comply, and when the changes will be introduced. You can access it here:
https://makingtaxdigital.campaign.gov.uk/