Making Tax Digital for Income Tax: £50k Sole Traders Face Mandatory Quarterly Reporting from 2026

A turning point for self‑employed taxpayers The UK tax system is undergoing a critical juncture in its modernisation. From 6 April 2026, Making Tax Digital for sole traders will require sole traders and landlords with more than £50,000 of gross self-employment or property income to report their earnings digitally each quarter. The reform, known as … Continue reading Making Tax Digital for Income Tax: £50k Sole Traders Face Mandatory Quarterly Reporting from 2026