MTD Penalties 2026

MTD Penalties 2026: Will You Be Fined for a Late Update?

Making Tax Digital for Income Tax (MTD for ITSA) went live on 6 April 2026. Self-employed people and landlords with qualifying income above £50,000 must now keep digital records, send HMRC quarterly updates through compatible software, and file a final declaration. The aim is a more regular, real-time view of your finances rather than one […]

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