Get Ready for Your First Making Tax Digital (MTD) for Income Tax Quarterly Update: Quarter Ending: 30 June 2026

The first quarterly update under Making Tax Digital (MTD) for Income Tax is now approaching for many self-employed individuals and landlords.

If you are registered for MTD for Income Tax, your first quarterly update covering the period from 6 April 2026 to 30 June 2026 is due soon. Preparing now will help you avoid last-minute stress and ensure your records are complete.

Who is affected?

MTD for Income Tax currently applies to many:

• Self-employed individuals

• Sole traders

• Landlords with UK property income

If your qualifying income meets the current MTD threshold and you are registered, you must keep digital records and submit quarterly updates to HMRC using compatible software.

What information should you prepare?

Before your quarterly update is submitted, make sure you have:

• All sales or rental income recorded.

• Business expenses entered accurately.

• Bank transactions reconciled.

• Digital copies of invoices and receipts where available.

• Details of any business assets purchased during the quarter.

• Mileage records, if claiming vehicle expenses.

• Any other business income received during the period.

Deadline

Your first quarterly update covers:

6 April 2026 to 30 June 2026

The submission deadline is 7 August 2026.

Submitting early allows time to correct any errors before the deadline.

Why accurate bookkeeping matters

Quarterly updates are based on the information held in your digital records. Although these updates are not your final tax return, keeping accurate records throughout the year will:

• Reduce errors.

• Save time at year-end.

• Give you a clearer picture of your tax position.

• Make your final tax submission much easier.

We can help

At Amin & Co Accountants Ltd, we can help you:

• Set up MTD-compatible accounting software.

• Maintain compliant digital records.

• Prepare and submit your quarterly updates.

• Review your bookkeeping for accuracy.

• Provide tax planning advice throughout the year.

Whether you already keep digital records or are just starting with MTD, our experienced team can guide you through every step.

Contact Us

If you need assistance with your first MTD quarterly submission, please get in touch with us today.

Amin & Co Accountants Ltd

📞 0161 224 3510

📧 info@aminandcoaccountants.co.uk

🌐 www.aminandcoaccountants.co.uk

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