Making Tax Digital for Landlords Delayed and Income Threshold Increased

Posted on December 21st, 2022

Previous Plan

It had initially been proposed that all landlords with a gross rental income above £10,000 would need to be using MTD by 2024. Here are the new plans…….

Making Tax Digital for Income Tax

You need to follow the requirements for Making Tax Digital for Income Tax if you are self-employed or a landlord from:

• 6 April 2026 if you have an annual business or property income of more than £50,000
• April 2027 if you have an annual business or property income of more than £30,000

Some businesses and agents are already keeping digital records and providing updates to HMRC as part of a live pilot to test and develop the Making Tax Digital for Income Tax. If you are a self-employed business or landlord, check if you can voluntarily sign up now through your software provider.

If you’re signing up your own business, you should use the step-by-step guide for Making Tax Digital for Income Tax to get started.

If you’re an agent, you should follow the Making Tax Digital for Income Tax step by step guide for agents.