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UK's HMRC launches digital tax record mandate for high-earning sole traders and landlords in April 2026.
The UK's HMRC is implementing the Making Tax Digital (MTD) for Income Tax scheme starting April 6, 2026, requiring sole traders and landlords with incomes over £50,000 to keep digital records.
This aims to streamline tax reporting, reduce errors, and save time.
The requirement will phase in, with lower income thresholds being included in subsequent years, starting from £30,000 in 2027 and £20,000 in 2028.
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El HMRC del Reino Unido lanza un mandato de registro tributario digital para los comerciantes y propietarios individuales de altos ingresos en abril de 2026.