Making Tax Digital for Income Tax (MTD ITSA) – Expert Support for Sole Traders & Landlords
Tax regulations are evolving in the UK, and at Wingate Accountants Ltd, we are here to ensure your transition to the new digital standards is seamless. Making Tax Digital (MTD) is the government’s landmark initiative to modernise the UK tax system, moving away from annual paper-based filings to a streamlined digital process.
While change can feel daunting, our team is ready to provide the clarity and tools you need to stay compliant without the stress.
Who Does MTD for Income Tax Apply To?
Making Tax Digital for Income Tax Self Assessment (MTD ITSA) fundamentally changes how many individuals report their earnings to HMRC. It primarily affects:
- Self-Employed Individuals: If you operate as a sole trader, you will be required to follow the new digital rules if your total qualifying income exceeds the government’s specified thresholds.
- Landlords: Making Tax Digital for landlords applies to those receiving property income, whether from residential or commercial lets. You must ensure your rental records are maintained in a digital format and submitted according to the new quarterly schedule.
When Does Making Tax Digital Start?
The rollout of MTD ITSA is phased based on your annual business or property income:
- April 2026: Mandatory for those with a qualifying income over £50,000.
- April 2027: Mandatory for those with a qualifying income over £30,000.
Under these rules, you will be required to keep digital records and send quarterly updates of your income and expenses to HMRC using compatible software.
Why Choose Wingate Accountants for MTD Compliance?
Wingate Accountants provides a comprehensive, end-to-end solution designed to take the administrative burden off your shoulders, allowing you to focus on your core business or property portfolio.
Specialist in-house bookkeeping software designed to meet HMRC’s requirements for MTD for Income Tax Self Assessment.
- Hands-on support from our expert team, including software setup, data migration, and management of quarterly submissions.
Real-time visibility of your tax liabilities, helping you plan ahead and avoid unexpected tax bills.
Simplified, automated MTD compliance for sole traders and landlords as part of your everyday business routine.
Get MTD Ready Now
Gain better control over your finances and don’t wait until the deadline to digitise your records. Our experts are ready to guide you through every step of the transition with ease and professional care.
Speak to our team today to book a free consultation.
Get in Touch with Us
Allow Wingate Accountants to provide you with accurate, insightful financial reports that will help you make the right business decisions. Call us today at 0161 865 8298 or use our online enquiry form to arrange a free consultation.
Join Us in Three Simple Steps
- Get in Touch
Arrange a free consultation, either in person or via video call. This informal chat is an opportunity for us to understand your needs and how we can assist you. - Chat with an Expert
Our team will explain the services available to you, answering any questions and offering expert advice to help you achieve your business goals. - Get a Fixed Quote
We offer fixed, tailored quotes to ensure you’re only paying for the services you truly need—no hidden charges, just transparent pricing.
Let Wingate Accountants support your business with accurate accounting services that provide clarity, compliance, and strategic insight. We also provide expert support for Making Tax Digital for Income Tax (MTD ITSA).
