Pierce Business Advisory and Accountancy Group

Making Tax Digital for Income Tax

What is Making Tax Digital for Income Tax (MTD for IT)?

It is a UK government scheme requiring digital record-keeping and quarterly updates to HMRC using compatible software.

This applies from April 2026 if you:

  • Are self-employed with annual business income exceeding £50,000
  • Are a landlord whose property income exceeds £50,000
  • Or the combined income from self-employment and rental income exceeds £50,000

Need help with Making Tax Digital?
Complete the form below for a callback from our Cloud Accountants.

Request a Callback

Cloud Laptop

How can we help you?

  • Assess whether MTD for Income Tax applies to you
  • Register you with HMRC for MTD for IT
  • Set up and train you on compatible cloud accounting software
  • Ensure your records are maintained digitally and accurately
  • Manage and submit your quarterly updates to HMRC
  • Prepare and submit the final tax return
  • Provide ongoing support and tax advice to keep you compliant and stress-free

Why You Should Act Now

  • Get prepared early – time to set up the right systems.
  • Avoid last-minute stress – no rush to meet deadlines.
  • Stay compliant – reduce the risk of potential penalties. Click here to view the penalty scheme.
  • Test and refine – iron out any issues with digital record-keeping.
  • See the benefits sooner – improved visibility and control of your finances.
  • Peace of mind – a smoother, stress-free transition to MTD.

Read our article to learn more about Making Tax Digital.

Software we recommend

Xero
Xero
Hammock
Hammock

Benefits of Making Tax Digital for Income Tax:

  • Clear overview of your predicted tax bill all year round, prevents January surprises
  • Increased accuracy, no more chasing lost receipts
  • Automated bank feeds
  • Real-time access to financial information
  • Better informed decision making
“We have been working with the Online Services Team at Pierce’s for almost a year and from the outset our experience has been very positive. Their advice has been invaluable, relevant and delivered in a helpful and knowledgeable way at every level. ”
Trevor Dawson Limited
C E James, Managing Director
“Since joining and working with Pierce Accountants and their online team we have been delighted with the levels of service and helpful advice that have been given. From working through changes to our current systems to suggestions as to best practices moving forward especially moving online the team has helped us understand and work towards the better solutions that are on offer. We would not hesitate in recommending their services to anybody.”
Philip Ainsworth
Director

Meet our Cloud Accountants

Adam Hill
Cloud Accounting Trainee
Adam Skelton
Cloud Accounting Advisor
Charlie Birtwistle
Cloud Accounting Trainee
Deenah Khan
Cloud Accounting Advisor
Ellis Bull
Cloud Accounting Advisor
Emily Hall
Cloud Accounting Trainee
Ethan Hacker
Cloud Accounting Trainee
Hassan Younis
Cloud Accounting Advisor
Matthew Ready
Cloud Accounting Trainee
Nikki Batty
Cloud Accounting Advisor
Peter Grady
Cloud Accounting Advisor
Rohey Sidibeh
Cloud Accounting Trainee
View our full team
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