Specific Audiences for Making Tax Digital

With the cancellation of MTD for Corporation Tax easing burdens for companies as discussed previously, let's shift focus to how Making Tax Digital impacts various groups. Whether you're self-employed, a landlord, or running a small business, understanding your unique requirements is key to smooth compliance.

MTD for Self Employed (Self Assessment)

Self-employed individuals filing Self Assessment must adopt MTD for ITSA from 2026 if income exceeds £50,000, submitting quarterly digital updates. This replaces annual returns, offering real-time tax overviews but requiring digital tools. For software, see Compliant Software for MTD; deadlines in Making Tax Digital for Income Tax (ITSA).

STAT: Over 2 million self-employed will transition to MTD by 2027.

MTD for Landlords

Landlords with rental income face MTD for ITSA rules, digitising records and reporting quarterly. Joint owners split income for thresholds. Benefits include easier expense tracking. Check exemptions in Making Tax Digital for Income Tax (ITSA); scenarios like joint properties in Specific Scenarios in MTD.

MTD for Accountants

Accountants play a pivotal role in MTD, advising clients on software, registrations, and submissions. They can act as agents via Government Gateway. For professionals, staying updated ensures client compliance. Guidance on agent setup in Registration and Setup for MTD.

MTD for Small Businesses

Small businesses, often VAT-registered or self-employed, must comply with MTD for VAT and potentially ITSA. Digital tools streamline operations, reducing admin time. Exemptions for low-turnover apply; details in Making Tax Digital for VAT and Challenges and Considerations in MTD.

MTD for Partnerships

Partnerships under MTD for ITSA require partners to report individually based on share of income. Digital records for partnership accounts are essential. Similar to self-employed, with quarterly filings from 2026/2027. For niche partnerships, see Specific Scenarios in MTD.

Making Tax Do-able with PJL Accounts

PJL Accounts excels in supporting diverse audiences through MTD transitions, from self-employed to partnerships. Our clients share: "As a landlord, PJL made compliance straightforward." Count on our tailored expertise.

Guided Preparation Steps

✅ Step 1: Check if You’re Registered

  • New VAT registrations are auto-enrolled into MTD.

  • If you registered before April 2022 and haven’t switched, you need to act now.

✅ Step 2: Register for MTD for VAT (if needed)

  • Use your Government Gateway login

  • Sign up here: Sign Up with HMRC

  • Register at least 7 days before your next VAT Return is due

  • Wait for HMRC confirmation (usually within 72 hours)

✅ Step 3: Using an Agent?

  • We can register and manage MTD for you

  • You stay hands-off—we do the admin and handle compliance

If challenges arise, reach out to us for tailored assistance.

Remember we are here to enhance your work life balance. We have three ways to get you ready for ‘Making Tax Digital’.

Frequently Asked

Empowering Your MTD Journey by Audience

Tailoring MTD to your audience unlocks efficiency and compliance. Overlooking it invites complications. Contact PJL Accounts for personalised guidance now.