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Making Tax Digital for Income Tax (MTD IT) – What You Need to Know for April 2026

  • Writer: Sara Moores
    Sara Moores
  • Feb 11
  • 2 min read
Professional owner looking after clients. Mood is focused.

From April 2026, Making Tax Digital for Income Tax (MTD IT) will apply to many self-employed individuals and landlords. If you haven’t prepared yet, now is the time. This blog explains what MTD IT is, who it affects, and how Diamond Bookkeeping can help you stay compliant.


What is Making Tax Digital for Income Tax?


Making Tax Digital (MTD) is HMRC’s initiative to modernise tax reporting by moving it online. The goal is to make tax filing:


  • Simpler and more accurate

  • More transparent

  • Easier to manage year-round


With MTD IT, instead of submitting a single tax return at the end of the year, you’ll need to:


  1. Keep digital records of all income and expenses

  2. Submit quarterly updates to HMRC

  3. Complete a final end-of-year submission


Who Needs to Comply?


MTD IT will mainly affect:

  • Self-employed individuals with a turnover of £50,000 or more

  • Landlords with rental income above £50,000


Even if your business is smaller, starting early can save stress and avoid last-minute scrambling.


How Diamond Bookkeeping Can Help


💎 Diamond Bookkeeping offers MTD IT support from just £50 per month, including:


  • Quarterly submissions to HMRC

  • Final end-of-year submission


We use FreeAgent software, a user-friendly system designed to make record-keeping and submissions simple. Depending on your setup, FreeAgent may be free or paid.


Our service ensures your accounts are accurate, compliant, and ready for HMRC without the usual stress of tax deadlines.


Why You Should Start Early


Getting your MTD IT setup sorted now means you can:


  • Avoid last-minute pressure and errors

  • Keep your financial records accurate and up to date

  • Focus on running your business rather than worrying about tax


With Diamond Bookkeeping, you have an affordable, simple solution to stay ahead of the April 2026 deadline.


Get Started Today


Preparing for MTD IT doesn’t have to be overwhelming. With the right support, you can make your tax reporting straightforward, stress-free, and fully compliant.


📩 Enquire now to find out how Diamond Bookkeeping can help you transition smoothly into MTD IT.


 
 
 

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