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Making Tax Digital Explained: What It Means for You

TaxCorn Team2 June 20265 min read

Making Tax Digital (MTD) is HMRC's long-running programme to move tax record-keeping and filing online. If you're VAT-registered, you're likely already filing under MTD for VAT. From April 2026, MTD for Income Tax begins rolling out to sole traders and landlords with qualifying income above £50,000, with lower thresholds following in later years.

In practice, MTD means keeping digital records of your income and expenses, and submitting quarterly updates to HMRC using compatible software like TaxCorn, instead of one big annual tax return.

The good news: quarterly updates don't need to be perfect. They're a running summary, refined with a final declaration at year end. TaxCorn handles the submission mechanics so you can focus on getting your numbers right.

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