MTD in a nutshell · Updated 1 August 2026

Making Tax Digital explained in plain English

Making Tax Digital in a nutshell: who it affects, what changes, the four quarterly deadlines and how compatible software helps sole traders and landlords.

Keep records digitally

Record business income and expenses in compatible software.

Update HMRC quarterly

Send summary totals for every relevant business four times a year.

Finish the year

Make adjustments and submit the annual tax return through software.

01

The short answer

Making Tax Digital means keeping business records in software and using that software to update HMRC more regularly. For Income Tax, the rules are being introduced in stages for sole traders and landlords according to gross qualifying income.

Anyone getting started with MTD6 min readHMRC-recognised software
02

MTD in one minute

If you are a sole trader or landlord above the relevant income threshold, you use compatible software to keep digital business records. Every three months, the software totals those records and sends a summary to HMRC. After year end, you complete the remaining tax-return information and submit it through the software.

The change is mainly about how records move from your day-to-day work to HMRC: digitally, more regularly and with fewer manual hand-offs.

03

Who joins MTD and when?

The rollout is based on combined gross income from self-employment and property.

  • April 2026: over £50,000
  • April 2027: over £30,000
  • April 2028: over £20,000
04

What MTD does not mean

A few common assumptions make MTD sound more complicated than it is.

  • A quarterly update is not a full tax return
  • You do not normally make tax adjustments before each quarterly update
  • Quarterly updates do not create four new Income Tax payment dates
  • You still complete a tax return after the tax year
  • You can ask an accountant or agent to help
05

Where SimpleTaxFlow fits

SimpleTaxFlow connects the bookkeeping work to the reporting work. Keep records online, attach evidence, import statements, manage invoices, review reports and move into a guided HMRC submission when the period is ready.

It is built for sole traders and UK landlords who want focused MTD software rather than a large general-purpose accounting package.

  • 30-day free trial, then £60 billed annually (£5 per month equivalent)
  • Complete web portal with optional WhatsApp capture
  • HMRC-recognised for supported MTD for Income Tax workflows
  • Read-only accountant access and downloadable records
06

Your next three steps

You do not need to redesign your whole business in one day.

  • Use HMRC's checker to confirm whether and when you must join
  • Choose software that covers your income sources and preferred workflow
  • Start keeping current digital records before your first deadline
07

Frequently asked questions

What does MTD stand for?

MTD stands for Making Tax Digital, HMRC's programme for keeping tax records and sending information digitally through compatible software.

Who is MTD for Income Tax for?

It applies to qualifying sole traders and landlords registered for Self Assessment whose gross self-employment and property income is above the threshold for the tax year.

How often do I send information to HMRC?

Quarterly updates are due four times a year. You also submit a tax return after the end of the tax year.

Can SimpleTaxFlow tell me if I am exempt?

No software should decide a fact-specific exemption without the right evidence. Use HMRC's eligibility service or speak to a tax professional, then use SimpleTaxFlow for the supported bookkeeping and filing workflow.

08

Check the official rules

MTD rules can change and individual circumstances matter. Use HMRC’s current guidance to confirm eligibility, exemptions, supported income sources and deadlines.

SimpleTaxFlow

Turn the guidance into a manageable routine.

Keep records, evidence, reports and supported HMRC submissions together. Free for 30 days, then £5 per month equivalent, billed annually at £60.

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