29 January 2026
To get you prepared for MTD, join us for a free seminar on Thursday 19th February, 2pm - 4pm, in the Presidents Room in Agriculture House, Winch Lane, Haverfordwest, SA61 1RW
Making Tax Digital for Income Tax (MTD IT) is coming in for sole traders and landlords in 2026.
The UK's tax system is undergoing a significant transformation with the phased rollout of Making Tax Digital for Income Tax Self-Assessment.
This move marks a shift toward a more modern, streamlined, and digital way of managing taxes and it’s something all affected taxpayers should be preparing for now.
Building on the successful introduction of MTD for VAT, the government announced in December 2022 that MTD for IT will be introduced for businesses, self-employed individuals, and landlords with combined income over £50,000 from April 2026.
Those with income over £30,000 will be mandated from April 2027.
MTD for IT is HMRC’s initiative to digitise the way individuals report income tax. Instead of submitting one annual Self-Assessment tax return, affected taxpayers will need to maintain digital records and send quarterly updates to HMRC using MTD-compatible software.
If you would like to book in to our seminar, please contact the office on 01437 766749 or email haverfordwest@lhp.co.uk
