MTD for Income Tax – when is your first quarterly report due? MTD (Making Tax Digital) will become mandatory from 6 April for you if you are self-employed or a landlord and your turnover was over £50,000 in the 2024–25 tax year (6 April 2024 to 5 April 2025). Important: this is based on turnover, not profit. What this means for you You will be legally required to use compatible software to: • Keep and retain digital records for each self-employment and/or property business • Submit quarterly upd
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