What letting agents need to know
Making Tax Digital for Income Tax is a new way for sole traders and landlords to report their income and expenses to HMRC.
It will be phased in from 6 April 2026, and the change will have practical implications, particularly for those who rely on annual records or paper-based processes.
Does Making Tax Digital apply to you?
Letting agents can undertake this process on behalf of the landlords they represent and help their clients understand the changes. If you trade as a sole trader, Making Tax Digital for Income Tax may apply to your own Self Assessment.