Making Tax Digital – quarterly reporting from 2026
Making Tax Digital – quarterly reporting from 2026
With Making Tax Digital (MTD) for Income Tax racing towards its start date for landlords and the self-employed, HMRC has now confirmed the exact filing dates for quarterly reporting.
From April 2026, if your turnover is above £50,000 from self-employment and property income combined, taxpayers will need to use MTD-compatible software to keep digital records and send HMRC quarterly updates and also a self-assessment tax return at year end.
The threshold then drops from 2027 to those above £30,000 and then drops again from April 2028 to £20,000.
It is believed that when everyone is in MTD, it is estimated two million taxpayers will be in the system, with mandatory quarterly reporting via commercial software. The first phase will see over 860,000 taxpayers in the system.
The filing deadlines have now been published and are listed below.
Filing deadlines
| 31 January 2026 | Submit self-assessment tax return for 2024-25 tax year |
| 06 April 2026 | Start keeping records using MTD for Income Tax software |
| 07 August 2026 | First quarterly update |
| 07 November 2026 | Second quarterly update |
| 31 January 2027 | Submit self-assessment tax return in usual way for 2025-26 |
| 07 February 2027 | Third quarterly update |
| 07 May 2027 | Fourth quarterly update |
| 07 August 2027 | First quarterly update for 2027-28 |
| 07 November 2027 | Second quarterly update |
| 31 January 2028 | Submit tax return straight to HMRC from MTD for Income Tax software for 2026-27 |
| 07 February 2028 | Third quarterly update |
| 07 May 2028 | Fourth quarterly update |