With The new regime coming into force from 06/04/2026 for sole traders and landlords with a turnover above £50,000, it seems very Dauting . HMRC simply want you to submit your figures every 3 months ie 06/04/2026 to 05/07/2026 submission period 1month and 7 days, and there after 06/07/2026 to 05/10/2026, 06/10/2026 to 05/01/2026 and finally 06/01/2027 to 05/04/2027. The tax returns are still to be submitted for the year end as of 31/01/2028.

The next roll out tranche is for turnover above £35,000 as at 06/04/2027 and £20,000 starting from 06/04/2028. If a business is vat registered they will already be submitting under MTD. While this can be challenging for a lot of people, this idea of making tax digital will help manage taxes and finances in a time.