From April 2026, Making Tax Digital (MTD) for Income Tax, will apply to relevant persons (unincorporated businesses and landlords) with businessa ortotal income from self-employment and property income,that oris both,more overthan £50,000. It will apply to those with income over £30,000 from April 2027.

The2027 Incomeand Taxthose (Digitalwith Requirements)income Regulationsover 2021,£20,000 asfrom amendedApril by 2028.

The Income Tax (Digital Requirements)Obligations) (Amendment) Regulations 2024,2026 set out the requirements with which relevant persons must comply under Makingunder Making Tax Digital forDigital for Income Tax. These include requirements to use software compatible with Making Tax Digital for Income Tax to create digital records of their business income and expenses.

This digital record-keeping noticedirection sets out the requirements for how specific customer groups can comply with the record-keeping obligations. These are:

• joint property-owners
• customers with turnover below the VAT registration threshold
• retailers