MTD: Essential Last-Minute Checks Before April 6 Deadline
Making Tax Digital (MTD) for income tax takes effect on 6 April 2026. The move replaces the single annual return with quarterly digital updates. This article outlines essential last-minute checks ahead of the April 6 deadline.
Confirm your gross income meets the rule
MTD applies if total gross income exceeds £50,000. Gross income means turnover before expenses.
Combine income sources to test the threshold. Include income from trading and rental properties together.
Ensure your software links to HMRC
You must use functional compatible software that connects to HMRC. Manual entries via the old portal will not work.
Open your accounting package now and check MTD settings or connections. If you use spreadsheets, subscribe to a bridging tool to link data digitally.
Bridging tools and bank feeds
Bridging software converts spreadsheet records into an HMRC-compatible feed. Bank feeds can automate transaction imports.
Where available, enable bank connections to reduce manual entry and improve accuracy.
Start digital record-keeping from day one
The digital-record requirement begins on 6 April 2026. Record invoices and receipts electronically as soon as possible after transactions.
Adopt a daily or real-time habit. Simple steps include photographing receipts and posting them to your software promptly.
Map your quarterly submission dates
The first quarterly period runs from 6 April to 5 July 2026. Each period has a later submission deadline.
| Accounting period | Dates covered | Submission deadline |
|---|---|---|
| First | 6 April to 5 July 2026 | 5 August 2026 |
| Second | 6 July to 5 October 2026 | 5 November 2026 |
| Third | 6 October to 5 January 2027 | 5 February 2027 |
| Fourth | 6 January to 5 April 2027 | 5 May 2027 |
HMRC also introduced a points-based penalty system for late filing. Familiarise yourself with this process to avoid sanctions.
Verify Government Gateway authorisation
Your accounting software must be authorised to interact with your Government Gateway account. Check the connection now.
Authorisations typically require refreshing every 18 months. Confirm your password and two-factor authentication are current.
These practical steps cover the essential last-minute checks many businesses need. For more details and sector-specific advice, consult a tax professional.
Published by Filmogaz.com.
