UK-based freelancers, sole traders, and landlords are required from April 2026 to adhere to new tax submission requirements. Making Tax Digital (MTD) requires self-employed UK residents to submit quarterly records, with record-keeping maintained using HMRC-approved software.
Conceived as a means to improve accuracy and efficiency, MTD does not apply to freelancers operating a limited company, but does apply to any freelancer, sole trader, or landlord with a turnover exceeding £50,000. This reduces to £30,000 in 2027.
