Do I Need to Sign Up for MTD? Quick Check

Not sure whether MTD applies to you? Run through this quick check.

The Three Questions

1. Are you a sole trader or landlord? MTD for Income Tax applies to self-employed individuals and people with property income. If you only earn PAYE employment income, MTD does not apply to you (yet).

2. Is your gross income over £50,000? Check your total self-employment and property income before expenses. This is your turnover, not your profit. If it exceeds £50,000, you must comply from April 2026. If it exceeds £30,000, you must comply from April 2027.

3. Do you have multiple income sources? Add together all your self-employment income and all your property income. PAYE employment income does not count towards the threshold, but self-employment and property income are combined.

Quick Reference

| Your situation | MTD from April 2026? | |---------------|---------------------| | Self-employed, gross income over £50,000 | Yes | | Landlord, gross rental income over £50,000 | Yes | | Combined self-employment + property over £50,000 | Yes | | Self-employed, gross income £30,000–£50,000 | No (April 2027) | | Self-employed, gross income under £30,000 | Not yet | | PAYE only, no self-employment or property | No | | Limited company director | No |

Not Sure About Your Figures?

Check your most recent Self Assessment tax return. Look at the turnover figure on your self-employment pages and any property income. If you are close to the threshold, it is worth preparing now.

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