Quick answer

UK high street business owners with annual income over £50,000 must use HMRC-recognised software to keep digital records of income and expenses and submit quarterly updates to HMRC starting from April 2026. They also need to prepare by checking their income, choosing compatible software like Xero or QuickBooks, and getting their bookkeeping habits in order before the deadline. In April 2027, the requirement will extend to those with income over £30,000, so early action is essential to avoid disruptions.

Key facts
  • MTD for Income Tax becomes mandatory in April 2026 for sole traders with annual income over £50,000
  • Quarterly updates to HMRC are required every 3 months, with the first period from 6 April to 5 July followed by submission by 7 August
  • Recommended MTD-compatible software includes Xero, which integrates with bank feeds, and QuickBooks, which offers free tier options for simple businesses
  • The income threshold drops to £30,000 in April 2027, affecting more sole traders
  • Salon owners should connect their booking software, like ReeveOS, to accounting tools such as Sage via its free API to automate sales recording
TL;DR
  • Check your total income for the 2024–25 tax year to see if it exceeds £50,000 and thus requires MTD compliance by April 2026
  • Select and set up HMRC-recognised software such as Xero or Sage to handle digital records and quarterly submissions
  • Start maintaining contemporaneous digital records of income and expenses now to ease the transition from annual to quarterly reporting

If you run a salon, barbershop, aesthetics clinic, restaurant, or any other sole trader business in the UK, and your income is over £50,000 a year, this deadline applies to you.

Making Tax Digital for Income Tax (MTD ITSA) becomes mandatory in April 2026 for sole traders earning over £50,000. A year later, in April 2027, the threshold drops to £30,000.

This is not a small administrative change. It affects how you record your income, how often you report to HMRC, and what software you need to use.

What Making Tax Digital for Income Tax actually means

Currently, most sole traders submit one Self Assessment tax return per year. Under MTD for Income Tax, you will need to:

  1. Keep digital records of your income and expenses throughout the year
  2. Submit quarterly updates to HMRC (every 3 months)
  3. Submit a final end-of-year declaration confirming your total income

The quarterly updates replace the annual Self Assessment for income tax reporting. You will still complete a Self Assessment for anything outside the scope of MTD.

Who is affected in April 2026?

April 2026 (year 1): Sole traders and landlords with total annual income over £50,000.

April 2027 (year 2): Sole traders and landlords with total annual income over £30,000.

Partnerships are expected to follow in a later phase (not yet confirmed).

If your business is a limited company rather than a sole trader structure, MTD for Corporation Tax will come later, this current phase applies to sole traders specifically.

What you need to do before April 2026

Step 1: Check if you're affected

Add up your total income for the 2024–25 tax year (the year ending April 2025). If it exceeds £50,000, you are in scope for April 2026.

If you're not sure, check your 2024–25 Self Assessment return once completed, or speak to your accountant.

Step 2: Choose MTD-compatible software

You must use HMRC-recognised software. The main options for small businesses:

ReeveOS's accounting integrations (Sage via free API, Xero) allow your booking and payment data to flow automatically into your accounting software, reducing manual entry significantly.

Step 3: Connect your bank feeds

Most MTD software connects directly to your business bank account and imports transactions automatically. Set this up as early as possible, it saves hours of manual bookkeeping.

Step 4: Understand your quarterly deadlines

Under MTD, your quarterly submission periods will be:

You do not need to pay tax quarterly, just report. Your tax payment schedule remains broadly the same.

Step 5: Get your bookkeeping habits in order

The biggest practical challenge is keeping records up to date throughout the year rather than pulling everything together once a year. MTD requires contemporaneous digital records, not reconstructing the year from bank statements in January.

For salon and service business owners, this means:

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The honest view on effort required

If you currently do your own bookkeeping for a straightforward sole trader business, MTD will require you to change your habits and invest in software you may not currently use.

If you already use cloud accounting software with bank feeds, the additional work is minimal, you're essentially already doing what MTD requires, just without the quarterly submission step.

If you currently hand your bank statements and a shoebox of receipts to an accountant once a year, you have a bigger transition ahead. The sooner you start, the less painful it will be.

Finding an accountant for MTD

If you don't currently work with an accountant and are in scope for April 2026, now is the time to find one. Good MTD-aware accountants are busy and many are already booked up for the transition period.

Look for accountants who advertise MTD readiness. HMRC maintains a list of MTD-compatible software, which your accountant should be working with already.

Frequently asked questions

Who does Making Tax Digital for Income Tax affect in 2026? +
From April 2026, sole traders and landlords with annual income over £50,000 must keep digital records and submit quarterly updates to HMRC using MTD-compatible software.
What software do I need for Making Tax Digital? +
You need HMRC-recognised MTD-compatible software. Options include Xero, QuickBooks, Sage, and FreeAgent. Some accounting software providers offer free tiers for simple businesses.
What happens if I miss the Making Tax Digital deadline? +
HMRC has indicated a phased approach to penalties initially, but ultimately non-compliance will attract financial penalties. Getting set up before the April 2026 deadline is strongly recommended.
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