Making Tax Digital (MTD) for Income Tax Self Assessment: Full Guide for 2026–2028

📢 Making Tax Digital (MTD) for Income Tax Self Assessment – What You Need to Know!

Big changes are coming from HMRC and it’s important you’re prepared. Here’s everything you need to know about Making Tax Digital (MTD) for Income Tax Self Assessment.

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📅 Who Is Affected & When?

• April 2026 – Sole traders & landlords with income over £50,000
• April 2027 – Sole traders & landlords with income over £30,000
• April 2028 – Individuals with income over £20,000

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📋 What Do You Need?

• Compatible software
  HMRC-approved digital accounting software such as QuickBooks, Xero, or FreeAgent
• Digital records
  All income and expenses must be recorded digitally throughout the year
• MTD registration
  You must sign up with HMRC before your start date

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🗓️ Your New Submission Schedule

Under MTD, you will submit 6 times per year:

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📌 Quarterly Updates (4 per year)

A summary of your income and expenses every 3 months:

• Quarter 1 (Apr–Jun) – Deadline: 5th August
• Quarter 2 (Jul–Sep) – Deadline: 5th November
• Quarter 3 (Oct–Dec) – Deadline: 5th February
• Quarter 4 (Jan–Mar) – Deadline: 5th May

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📌 End of Period Statement (EOPS)

An annual confirmation of your total figures.
Deadline: 31st January following the tax year end

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📌 Final Declaration

Replaces your current Self Assessment tax return and confirms all income sources.
Deadline: 31st January

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⚠️ Important

Missing a submission may result in penalty points and fines from HMRC.

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💡 How We Can Help

At Al Tax Ltd, we help clients get set up and stay compliant with MTD.

Whether you need help choosing the right software or want us to manage everything — we’ve got you covered.

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📞 Contact Us

📞 07711 019686
📧 info@al-tax.co.uk
🌐 https://al-tax.co.uk

• April 14, 2026 |
• Finance Tips