Sole traders and landlords earning over £50,000 must prepare for Making Tax Digital for Income Tax, starting April 6, 2026. This involves keeping digital records and submitting quarterly updates using approved software. The process simplifies tax filing, with free software options and online guides available. Thousands have successfully tested the system, and exemptions are available for those unable to use digital tools. The first full MTD return is due January 31, 2028.
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