New Making Tax Digital toolkit launched
A new Making Tax Digital (MTD) for Income Tax toolkit has been launched to help landlords and letting agents prepare for changes up ahead.
From 6 April 2026, sole traders and landlords with a gross income (before expenses and tax are deducted) of more than £50,000 from self-employment and property will need to use Making Tax Digital for Income Tax to report their income to HMRC.
This threshold reduces to £30,000 from 6 April 2027.
The toolkit, produced by HM Revenue and Customs (HMRC) includes:
- An overview of the changes, who is affected and how to prepare
- Links to detailed guidance
- FAQs and answers
- Communications resources such as an agent checklist, videos and printable posters.
HMRC is also urging agents and landlords to sign up to the ongoing voluntary testing phase for Making Tax Digtal for Income Tax.
It says signing up early will allow landlords and agents to get accustomed to the system before it becomes mandatory, as well as helping HMRC expand end-to-end testing, to ensure the systems work as they should before April 2026.
Craig Ogilvie, HMRC’s Director of Making Tax Digital, said: “Our new toolkit is designed to help agents and their clients begin preparing for Making Tax Digital for Income Tax now.
“Using digital records and submitting quarterly updates through software will reduce the chance of unintentional errors in customers’ tax returns, making it easier to pay the right amount of tax.
“It also means customers will have access to improved data to support their business planning and productivity.”
