From April 20262026, 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 incomethat overis more than £50,000, followed by those with income over £30,000 from April 2027.

The2027 Incomeand Taxover (Digital£20,000 Requirements)from RegulationsApril 2021, as amended 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 Makinguse Making Tax Digital-compatibleDigital compatible software to keepcreate and preserve their business records (business income and expenses) digitallydigitally, and to send quarterly updates of their recordsincome and expenses to HMRC.

This quarterly update noticedirection sets out the information that a relevant person should send to HMRC quarterly using Makingusing Making Tax Digital-compatibleDigital compatible software.