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Important Information
Making Tax Digital: What Sole Traders & Landlords Need to Know
Making Tax Digital for Income Tax is commencing from 6th April 2026 for any Sole Traders or Property Landlords with a turnover of £50000 in the 2024/2025 tax year. They will be required to submit quarterly updates to HMRC using digital software. If they have more than one self-employed business the turnover will be added together.