436,000 sole traders and landlords file first MTD update, says HMRC

HM Revenue and Customs (HMRC) successful the UK has reported that much than 436,000 sole traders and landlords person submitted their archetypal quarterly update nether the government's Making Tax Digital (MTD) for Income Tax for the 2026 to 2027 taxation year.

Announcing the figures, HMRC added that 570,000 radical person present signed up to the service.

This comes arsenic sole traders and landlords with qualifying income supra £50,000 ($67,404) person been mandated to support integer records and nonstop quarterly updates to HMRC since April 2026. The threshold volition beryllium brought down to £30,000 from April adjacent year.

The archetypal update covers the opening 3 months of the taxation year.

HMRC said customers who person not yet filed their archetypal quarterly update tin bash truthful present utilizing recognised software.

For 2026 to 2027, precocious quarterly updates volition not pull punishment points.

From September, HMRC volition commencement enrolling customers who indispensable usage MTD for Income Tax for the 2026 to 2027 taxation twelvemonth but person not yet signed up. This onboarding volition instrumentality spot successful stages implicit the pursuing months.

HMRC Making Tax Digital manager Craig Ogilvie said: It's fantastic to spot truthful galore sole traders and landlords successfully sending their archetypal quarterly updates.

"This marks an important milestone successful the determination to a much modern taxation system, with galore customers telling america that the process is straightforward and works good done their chosen software."

HMRC plans to people caller guidance successful precocious August, mounting retired what taxpayers should bash if they person a missive astir being signed up.

It noted that the Self Assessment taxation instrumentality deadline remains 31 January.

The taxation authorization added that the quarterly MTD updates bash not regenerate Self Assessment, but those wrong scope indispensable taxable their quarterly accusation successful bid to record a taxation return.

"436,000 sole traders and landlords record archetypal MTD update, says HMRC" was primitively created and published by The Accountant, a GlobalData owned brand.