If you are a sole trader or landlord and your gross income in total is over £10000, you will be withing MTD for Self-Assessment from 5 April 2024.
You have less than 500 working days to make sure you are ready.
This is a major change in the way that you report your income to HMRC.
As part of MTD you must keep digital records. If you currently use paper you must change. If you use spreadsheets you will need bridging software. If you are already using accounting software, you should be alright but you need to check.
Speak to us about what you need to do.
