MTD for Income Tax is now mandatory for sole traders and landlords earning over £50,000, and the threshold drops to £30,000 from April 2027. We get Wirral sole traders and landlords compliant early, with the right software set up correctly and every quarterly deadline handled for you.
Accreditation
Xero is fully HMRC-recognised MTD software. As a certified Xero partner, we set up and manage your digital records and quarterly submissions correctly from day one.
Whether you need to act now or in a couple of years depends on your total turnover from self-employment and property, combined — not your profit.
Sole traders and landlords with qualifying income over £50,000 (based on your 2024/25 tax return) must already be using MTD for Income Tax.
The threshold drops to £30,000, bringing many more sole traders and landlords into scope. Worth preparing for now rather than in year one.
A further drop to £20,000 is anticipated, though HMRC hasn't confirmed a date yet. We'll keep clients updated as this is finalised.
Self-employment turnover over the current threshold means quarterly digital updates instead of one annual return.
Rental income counts too, even from a single property — it's your total qualifying income that determines when you're in scope.
Your self-employment and property income are added together to check the threshold, which catches some people out.
We confirm whether you're affected now, from April 2027, or not yet, based on your actual income.
We get you set up on Xero, migrating any existing records so your digital trail starts clean.
We prepare and submit every quarterly update on schedule — you're never chasing a deadline.
We complete your end-of-year final declaration, replacing the self-assessment return you're used to.
Request a free callback — we'll check your numbers and tell you exactly where you stand.