HMRC Clarifies Which Self-Employment and Property Income Qualifies for Making Tax Digital

HMRC has published guidance defining the types of self-employment and property income that are subject to the Making Tax Digital for Income Tax rules. The guidance helps self-employed individuals and landlords determine whether their income meets the qualifying threshold for mandatory digital reporting requirements. This clarification ensures affected taxpayers understand their MTD obligations and can maintain compliant tax records.

Source: HMRC (GOV.UK) – Read the original