HMRC income tax rule changes from next month

Contributing sentiments towards policy:

64% : Spreading your tax admin throughout the year means avoiding that last minute scramble to complete a tax return every January.
64% : The first MTD tax return, covering the 2026 to 2027 tax year, will be due by January 31 2028.
62% : At the end of a tax year, those within MTD for Income Tax will still need to file a tax return by the following January 31 - but the software will already hold the information from the quarterly updates, meaning no last-minute search for records or receipts, reports the Daily Record.
62% : Craig Ogilvie, HMRC's Director of Making Tax Digital, said: "With two months to go until MTD for Income Tax launches, now is the time to act.
61% : Those joining MTD in April 2026 will still submit their tax return for the 2025 to 2026 tax year in the usual manner by January 31 2027, as this covers the period before MTD commences.
58% : More info Sole traders and landlords earning more than £50,000 from self-employment and property are being urged to act now with just six weeks remaining to prepare for Making Tax Digital (MTD) for Income Tax.
58% : HMRC is encouraging those within scope of MTD for Income Tax to act now: read the guidance, choose software and sign up on GOV.UK.
51% : It's important to be aware these are not additional tax returns.
50% : " Thousands of sole traders and landlords have already registered for MTD for Income Tax, with more than 12,000 quarterly updates successfully filed through a voluntary testing programme.
50% : Those who use a tax agent should speak to them about preparing.
47% : To facilitate the transition, the government has announced that customers joining MTD for Income Tax in April 2026 will not receive penalty points for late quarterly updates for the first 12 months.
43% : "This will make it easier for sole traders and landlords to stay on top of their tax affairs and help ensure everyone pays the right amount of tax.

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