Fableworks HQ

Making Tax Digital for Income Tax

Am I in Making Tax Digital?

The first quarterly update is due 7 August 2026. Answer two questions and find out whether it applies to you, when you start, and exactly what you have to send.

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£

HMRC adds these together — that total is your qualifying income. Nothing is sent anywhere; this runs entirely in your browser.

How the thresholds work

Qualifying income (2024/25)You join MTD from
Over £50,0006 April 2026
Over £30,0006 April 2027
Over £20,0006 April 2028
£20,000 or underNot currently mandated

The four deadlines, every year

Quarterly updates are due 7 August, 7 November, 7 February and 7 May. They cover the quarters ending 5 July, 5 October, 5 January and 5 April. Your final declaration is due 31 January after the tax year ends — the Self Assessment date you already know.

You will not be fined for a late quarterly update this year

HMRC has confirmed a soft-landing for 2026/27 only: no penalty points for late quarterly updates in the first year. Plenty of people will try to sell you something using the threat of fines — for this year, that threat isn't real. The reason to get it right now is that your records have to be digital from 6 April 2026 either way, and catching up four quarters in January is genuinely miserable.

The part that actually takes the time

Knowing you're in MTD is the easy bit. The work is keeping digital records all year so each quarterly update is a five-minute job instead of a weekend. That's what we build.

Excel and Google Sheets. Working formulas, not just formatting. Built and checked by us, with AI assistance, and every calculation verified.

No email needed — this just registers an anonymous vote so we know what to build first.