Making Tax Digital 2025 - What You Need to Know

What the new digital tax rules mean for small businesses and landlords in Bury.

🧾Making Tax Digital 2025 – What You Need to Know

Making Tax Digital (MTD) is one of the biggest changes to the UK tax system in decades — and it’s about to expand again.

From April 2026, HMRC will roll out new MTD rules affecting more small business owners, landlords, and self-employed individuals.

At Jackson Lee Accountants in Bury, we help clients understand what’s changing, who’s affected, and how to prepare — without the stress.

💡What Is Making Tax Digital (MTD)?

MTD is HMRC’s plan to move all tax administration online.

It means you’ll need to:

• Keep digital records of income and expenses

• Use approved software like Xero

• Submit updates quarterly rather than once a year

It’s designed to make tax more accurate and efficient — but you’ll need the right systems in place to stay compliant.

📅 Who Will Be Affected from 2026

From April 2026, MTD for Income Tax applies to:

• Self-employed individuals earning over £50,000

• Landlords with rental income over £50,000

From April 2027, the threshold drops to £30,000.

If you’re a sole trader or property owner in Bury, it’s worth preparing early.

⚙️ How Xero Makes Compliance Simple

We use Xero, an HMRC-approved accounting platform that’s fully compatible with MTD.

With Xero, you can:

• Record transactions in real time

• Submit VAT and tax returns directly to HMRC

• Track cash flow from anywhere

• Share secure access with your accountant

As certified Xero partners, Jackson Lee Accountants can set you up and guide you every step of the way.

💬 How We Can Help

We offer:

✅ Xero setup and training

✅ VAT and tax return submissions

✅ Bookkeeping support

✅ Digital record-keeping reviews

Whether you’re self-employed, a landlord, or a small company, we’ll make the switch to digital simple and stress-free.

🚀Next Steps

Don’t wait for the 2026 deadline — get ahead of MTD now.

Book your free consultation today → Contact Us