Making Tax Digital for Sole Traders: What You Need to Know Before 2026

Are you a sole trader in the UK? Big changes are coming to how you manage and report your income — and it’s called Making Tax Digital (MTD).

From April 2026, if you earn over £50,000 in self-employed income, you’ll need to:
✅ Keep digital records
✅ Send quarterly updates to HMRC using approved software

In this 60-second video, we explain what MTD means for sole traders like you — in plain English. No jargon, no scare tactics — just what’s changing, why it matters, and how to get ready without the stress.

What you’ll learn:
• Who MTD for Income Tax applies to
• What you’ll need to do differently
• How digital tools can simplify your bookkeeping
• Why acting early will save you hassle later

This isn’t about paying more tax — it’s about keeping better records, avoiding last-minute panic, and staying compliant.

👉 Learn more about MTD for sole traders: https://www.clearbooks.co.uk/making-t...
👉 Try MTD-ready software for free: https://secure.clearbooks.co.uk/accou...

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