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MAKING TAX DIGITAL

Tackle Making Tax Digital for Income Tax with Tide

Get ready for April 2026’s tax changes with Tide. Building on our HMRC-recognised MTD VAT solution, we’re launching dedicated tools to keep you stay compliant with the upcoming MTD for Income Tax legislation.

Sign up for free to be notified about our MTD tools first.

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We’re MTD-ready and HMRC-recognised

We’ve updated our accounting tool, Admin Extra, to ensure it’s fully compliant with the upcoming Making Tax Digital changes. 

Manage your income tax digitally straight from your Tide account – no more spreadsheets, no more stress.

What is Making Tax Digital?

What is Making Tax Digital?

Making Tax Digital (MTD) is part of the UK government’s plan to digitise the tax system. 

Instead of filing annual returns manually, you’ll need to keep digital records and submit tax updates to HMRC using MTD-compatible software, like Tide’s. 

While businesses can already submit VAT returns through MTD, this will soon extend to sole traders and landlords. Those with an income over £50,000 will be affected from April 2026, and those over £30,000 from April 2027.

How does MTD for Income Tax work?

Tide’s MTD-compliant tools integrate seamlessly into your account – saving you time and keeping you aligned with the new legislation. 

From April 2026, the way some of you manage your finances will change. If your income is more than £50k, you’ll need to:

Keep digital records of all income and expenses

Submit quarterly updates to HMRC via MTD software

Finalise your income tax with a Final Declaration

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What does Making Tax Digital mean for sole traders? 

What does Making Tax Digital mean for sole traders? 

If you’re a sole trader or a small business owner, MTD for Income Tax means:

  • No more paper records or manual tax returns

  • Greater visibility over your tax position throughout the year

  • Less stress and more control over your finances

  • A need for HMRC-recognised software, like Tide’s

We aim to make the transition as smooth as possible – offering built-in, MTD-compliant tools with automatic updates and simple guidance.

Be first in line when our MTD tools launch

Be first in line when our MTD tools launch

Sign up to Tide today and make filing your taxes a breeze.

  • Be notified about MTD for Income Tax first

  • Get early access to MTD features

  • Receive notifications on the latest updates and deadlines

  • Get access to all MTD-related resources

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