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Making Tax Digital for Small Business 2026: Complete Guide

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โฑ 5 min read

Making tax digital for small business 2026: sole traders and landlords with combined gross income over ยฃ50,000 must use HMRC-recognised software to keep digital records and submit quarterly income updates from 6 April 2026. The first quarterly submission deadline is 7 August 2026. Payment dates do not change. Quarterly updates are information summaries only โ€” not tax returns, not additional payments. The threshold drops to ยฃ30,000 in April 2027 and ยฃ20,000 in April 2028. This guide covers every eligibility question, all three deadlines, software options compared, and 30+ real scenarios from UK Facebook groups and Reddit โ€” with straight answers based on current HMRC guidance.

Originally published at ThriveOnz360.com โ€” the UK SME platform for honest tool reviews, compliance guides, and exclusive deals.

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