Accounting 17 April 2026 7 min read

MTD Income Tax 2026: What UK Accounting Firms Need to Do Now

Making Tax Digital for Income Tax Self Assessment (MTD ITSA) went live on 6 April 2026 for sole traders and landlords with gross qualifying income over £50,000. This is not a minor update to the annual self-assessment process. It requires quarterly digital submissions throughout the year, plus a final annual return. Firms whose clients are in scope and still working on paper-based or year-end-only workflows are already behind.

£50k
Gross qualifying income threshold for Phase 1, live from 6 April 2026
4 times
Quarterly updates required per tax year, plus a final annual declaration
£20k
Final threshold from April 2028, bringing the majority of sole traders in scope

The three-phase rollout

Phase Start date Threshold Who is affected
Phase 1 6 April 2026 Over £50,000 Sole traders and landlords with gross qualifying income above £50,000
Phase 2 April 2027 Over £30,000 Additional sole traders and landlords between £30,000 and £50,000
Phase 3 April 2028 Over £20,000 Further expansion — the majority of self-employed taxpayers

Qualifying income is gross income from sole trade and property businesses combined, measured before expenses. A landlord earning £30,000 from property who also has a sole trade earning £25,000 has qualifying income of £55,000 and is in scope for Phase 1.

What quarterly reporting actually means

The MTD ITSA regime requires four quarterly updates per tax year, submitted through MTD-compatible software via the HMRC API. The quarters follow the tax year (April to April), though businesses can elect for calendar-year quarter dates if that fits their accounting better.

Quarterly updates are cumulative summaries of income and expenses — not detailed transaction-level submissions. The first quarterly update for the 2026/27 tax year (quarter ending 5 July 2026 for most) is due by 7 August 2026. The annual final declaration, which replaces the old self-assessment return, is due by 31 January 2028 for 2026/27.

First deadline: 7 August 2026. Phase 1 clients whose first quarter ends 5 July 2026 must submit their first quarterly update by 7 August 2026. If your firm has not yet identified which clients are in scope and set up compliant software for them, this deadline is approaching fast.

Identifying which clients are in scope

The most reliable method is to review 2024/25 self-assessment returns filed by 31 January 2026. Clients with gross trading income or gross property income totalling over £50,000 before expenses are in Phase 1. Gross, not net — a self-employed person with £60,000 turnover and £25,000 expenses has £60,000 qualifying income and is in scope even though their taxable profit is much lower.

Points to watch:

  • Combined sole trade and property income counts. A client with £35,000 from freelancing and £20,000 from a rental property has £55,000 qualifying income.
  • PAYE employment income does not count towards the qualifying income threshold.
  • Partnerships are not yet in scope — a separate consultation is ongoing for when partnerships will be brought in.
  • Limited companies are not affected — MTD ITSA applies to personal tax, not corporation tax.

What software is required

Clients must use HMRC-compatible software to maintain digital records and submit quarterly updates. HMRC does not prescribe specific products but publishes a compatibility list. The main options relevant to UK accounting practices:

  • Xero — widely used, MTD-compatible for both VAT and ITSA
  • QuickBooks — MTD VAT live, ITSA quarterly update support in current versions
  • FreeAgent — HMRC-approved for both VAT and ITSA; strong with sole traders and landlords; free for clients of NatWest, RBS, or Ulster Bank business customers
  • Sage Accounting — cloud version supports MTD ITSA
  • Zoho Books — free tier covers MTD ITSA quarterly updates
  • CCH iFirm — designed for accountants managing MTD ITSA compliance centrally across a client base

Note that the clients maintain the digital records (or the firm does on their behalf through agent software), and submissions go via the software's HMRC API connection. There is no manual form-filling route for clients who are in scope.

MTD for VAT — the existing baseline

MTD for VAT has been mandatory for all VAT-registered businesses since April 2022. Any client who is VAT-registered should already be using MTD-compatible software for VAT returns. The VAT threshold is £90,000 turnover (updated from £85,000 in April 2024). If a client is VAT-registered and using compliant software, the MTD ITSA quarterly update requirement uses the same data infrastructure — it is an extension of what they are already doing, not a new system to set up.

The harder cases are clients who are not VAT-registered (below the £90,000 threshold) but have qualifying income above £50,000 for ITSA purposes — for example, a landlord with £60,000 in rental income who has no trade and therefore no VAT registration. These clients may have no digital accounting software at all and need it set up from scratch.

What accounting firms need to change

The shift from annual self-assessment to quarterly MTD submissions changes the workload structure for practices significantly. Work that previously concentrated in the January filing rush is now spread across four quarterly touchpoints per client per year. The implications:

  • Client communication cadence — firms need automated quarterly reminders rather than a single annual chase
  • Data quality throughout the year — quarterly submissions require the client's records to be reasonably current. A client who batches six months of receipts and hands them over once a year is incompatible with quarterly reporting
  • Practice capacity planning — quarterly deadlines fall throughout the year, distributing workload but also creating four windows per client instead of one
  • Pricing review — the additional compliance touchpoints represent real additional work; practices should review whether existing fixed fees remain appropriate
The year-end conversion problem: Some accounting practices have historically maintained clients on spreadsheets or paper records and converted them to a trial balance at year-end for tax purposes. That workflow is incompatible with MTD ITSA. Clients need to be on digital record-keeping software throughout the year, not converted at year-end.

What bespoke practice software can add

The main accounting packages (Xero, QuickBooks, Sage) handle the MTD submission layer. What they do not handle is the practice-side workflow: which clients have submitted their quarterly data, which are outstanding, automated chasing, and deadline tracking across a client portfolio of potentially hundreds of sole traders.

Practice management tools like Karbon address some of this. For firms with specific workflow requirements — integrating MTD deadline tracking with their existing CRM, client portal, billing system, and staff task management — a bespoke integration layer built around their specific tools and processes can do what off-the-shelf practice management software does not cover out of the box.