Making Tax Digital for Self-Employed Workers and Landlords is a practical guide for UK sole traders, freelancers, landlords, bookkeepers and small business owners preparing for Making Tax Digital for Income Tax.
This book explains who is affected, when the rules apply, what quarterly updates mean, how digital records should be maintained, and how common reporting mistakes can be avoided. It covers MTD thresholds, qualifying income, software errors, landlord income, gross rent recording, year-end adjustments, capital allowances, finance cost restrictions, record-keeping templates and HMRC compliance-risk indicators.
Written in plain English, this guide helps readers understand the practical steps needed before the first MTD deadline.
This book is for general educational purposes only. Readers should check current HMRC guidance at gov.uk and seek professional advice before relying on any tax rule or calculation.