MTD Is Here: Are You Ready? What UK Businesses Must Do Now

If you're a UK sole trader earning over £50,000, Making Tax Digital (MTD) for Income Tax is about to change how you deal with HMRC, permanently.In this episode, we break down exactly what MTD means, who it affects, and what you need to do right now to stay compliant before the April 2026 deadline.You’ll learn:What Making Tax Digital actually is (in plain English)Who needs to comply, and when (2026, 2027, 2028 rollout)How the £50,000 threshold really works (and why it catches people out)What changes under MTD (quarterly updates + final declaration)What stays the same (yes, your tax payment dates don’t change)The software you’ll need (and your options)How to register for MTD step-by-stepPenalties, deadlines, and what happens if you miss themHow to prepare now—even if you’re not affected yetWhether you're already over the threshold or your business is growing toward it, this episode will help you get ahead of the changes and avoid unnecessary stress, penalties, and last-minute scrambling.The key takeaway: MTD isn’t just about compliance, it’s about building better financial habits that make running your business easier.For a full breakdown, check the guide here. Making tax digital explained