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Answering your MTD for Income Tax FAQs

Accounting Insight

from 6 April 2028, their total gross income from their self-employment and/or property exceeds 20,000 in 2026-27. The first tax year that will include the income from this business will be 2026-2027, which would need to be finalised by 31 January 2028. Who is exempt from MTD for Income Tax?