Making Tax Digital goes live on 6th April – Are you ready!? 📊

Making Tax Digital goes live on 6th April – Are you ready!? 📊

Making Tax Digital (MTD) for Income Tax goes live on 6 April 2026 ⏰. Now is the time to check whether the new rules apply to you and start getting prepared

Making Tax Digital (MTD) for Income Tax goes live on 6 April 2026 ⏰. If you’re a landlord in Gravesham or the surrounding areas, this could affect how you keep records and report your income to HMRC going forward.  Let’s break it down in plain English 👇

 
What Is Making Tax Digital? 🤔

From 6 April 2026, sole traders and landlords with qualifying income over £50,000 (based on the 2024–25 tax year) will need to:
• Keep digital records of income and expenses
• Use HMRC-recognised software 💻
• Submit quarterly updates to HMRC
• Still complete an annual tax return 

Basically, HMRC wants more frequent, digital reporting  and less paper, spreadsheets, and last-minute scrambling.
 

Does This Apply to You? 🏠

If your rental or business income is over £50,000, these rules are very likely to apply. Many landlords (those with multiple properties ) in and around Gravesham will fall into this bracket.
 

What You Should Do Now ✅

To avoid a stressful rush closer to the deadline, we’d strongly recommend:
• Confirm whether your income meets the £50,000 threshold
• Research and choose MTD-compatible software 💻
• Sign up for Making Tax Digital via GOV.UK
• Speak to your accountant or tax adviser if you use one 📞

Getting set up early will make the transition much smoother — and help you avoid any nasty surprises later on.
 

What This Means for Gravesham Landlords 🤝

The direction of travel is clear: more digital, more frequent reporting, and less room for error. While this is mainly a tax and accounting change, it’s another reminder that running a rental property is becoming more regulated and more admin-heavy.

If you’re unsure how MTD fits into the bigger picture of managing your property portfolio, or you want to sanity-check your plans, speak to us at M&M. We work with landlords across Gravesend and the wider borough every day and can help point you in the right direction.


📞 Got a question straight away? Contact our team - we're here and ready to help!

📍 M&M Estate Agents, Gravesend, DA12 1AH
📞 01474 321957
📧 lettings@mandmprop.co.uk


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