KINAIE Business Series · Episode 1
We are bringing KINAIE Business Series to our website, starting with a practical introduction to Making Tax Digital (MTD) for Income Tax. In this first episode, Raisul Ferdous, Founder and Managing Director of KINAIE, explains what the changes mean for self-employed people and landlords in plain English.
Three things to take away
- Check your qualifying income. The thresholds relate to your combined gross income from self-employment and property, before expenses. Your profit is not the figure used for this test.
- Build digital record keeping into your routine. If MTD applies to you, you need compatible software to keep digital records and send quarterly updates to HMRC.
- Remember the year-end return. Quarterly updates are summaries of your income and expenses. You still need to complete and submit your annual tax return.
When does MTD apply?
Current position checked on 13 November 2026. MTD for Income Tax is being introduced in stages for eligible sole traders and landlords, subject to exemptions:
| Qualifying income | Tax year used | MTD start date |
|---|---|---|
| More than £50,000 | 2024/25 | 6 April 2026 — already in effect |
| More than £30,000 | 2025/26 | 6 April 2027 |
| More than £20,000 | 2026/27 | 6 April 2028 |
If you are due to join in April 2027, now is a good time to review your records and choose suitable software. If you should already be using MTD, check your position and any outstanding updates promptly.
For the detailed rules and exemptions, see HMRC’s guidance on who needs to use MTD for Income Tax.
Need help understanding your next step?
KINAIE supports self-employed people, landlords and growing businesses across the UK. Email info@kinaie.com to discuss whether MTD applies to you and the support you need with your records and reporting.
This article and video provide general information, not personal tax advice. The rules depend on your circumstances and may change.
