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HMRC Urges Self-Employed and Landlords Over £50,000 to Prepare for Digital Tax Reporting in 2026

The reform will require quarterly updates through HMRC‑recognised software to bring income tax reporting closer to real time.

Overview

  • HMRC used a post on X to remind affected taxpayers to sign up ahead of the Making Tax Digital for Income Tax launch on 6 April 2026.
  • From the start date, those with turnover above £50,000 from self-employment or property must keep digital records and file quarterly updates.
  • The threshold widens in stages, extending to those above £30,000 from April 2027 and to £20,000 from April 2028.
  • Qualifying income refers to gross receipts from self-employment and property before any allowances or expenses are deducted.
  • Officials describe the change as significant and ultimately time-saving, with James Murray MP calling it part of the government's Plan for Change to modernise the tax system.