Getting Ready for MTD: Bite-sized clipsWritten on December 22, 2025 by Kirk Rice LLP
Making Tax Digital is a government plan to modernise the tax system by moving away from paper-based processes and it starts for many, from April 2026.
If you’ve heard about Making Tax Digital (MTD) but aren’t quite sure what it means for you — or how income information is reported to HMRC under this new system — you’re not alone. Below we’ve outlined the basics. You’ll also find some handy bite-sized videos about how to get ready for MTD.
In a nutshell: Making Tax Digital (MTD)
The government is “phasing in” MTD and it will apply to self-employed sole traders and people receiving income from property with gross ‘qualifying income’ (before expenses) above:
- £50,000 from April 2026 (non-UK residents with income above £50,000 enter MTD from April 2027)
- £30,000 from April 2027
- £20,000 from April 2028
If you meet the criteria above you’ll need to keep digital tax records, use compatible software, and send quarterly submissions to HMRC online. You can find more detail on the various aspects of Making Tax Digital in our MTD Hub.
Bite-sized Making Tax Digital Help Videos
Below are some bite-sized clips to help you feel informed and prepared regarding Making Tax Digital (MTD). Each video focuses on a specific point, so you can dip in and out of the areas most relevant to you.
Making Tax Digital (MTD): Key Dates, Who’s Affected & When to Start Reporting
What Will MTD Look Like Day to Day?
Making Tax Digital (MTD): Quarterly Reporting Responsibilities Explained
Making Tax Digital (MTD): What are the Risks of Non-Compliance?
If you would like support from Kirk Rice with MTD, please get in touch via info@kirkrice.co.uk or send us a message via our ‘Contact Us’ page.
Watch the Full MTD Bite Sized Video Playlist on YouTube
Download & listen to the podcast version here: Kirk Rice MTD Podcast
Please note: This article is correct as at the publication date. The answers are given for general guidance only and specific advice should be taken before acting on any of the suggestions made. The information is based on current tax legislation which may change in future. Information is based on our current understanding of taxation legislation and regulations. Any levels and bases of relief from taxation are subject to change. The Financial Conduct Authority does not regulate tax planning.