How to Submit Making Tax Digital (MTD) Tax Returns | Accountants Explains

How to Submit Making Tax Digital (MTD) Tax Returns | Accountants Explains

0:01 Introduction to Making Tax Digital (MTD) for landlords and self-employed people in the United Kingdom (UK) 0:54 What Making Tax Digital (MTD) is not 1:45 Who is affected by Making Tax Digital (MTD) filing to HMRC? 3:45 What is the Income Tier Structure that identifies you as a person that is captured as part of Making Tax Digital (MTD)? 5:05 Are you subject to Making Tax Digital (MTD) based on profit on your rental income or gross rental income? 7:25 Who does not need to submit quarterly Making Tax Digital (MTD) returns to HMRC? 8:59 How can you avoid Making Tax Digital (MTD) even though you meet the gross income thresholds? Discuss our services: https://optimiseaccountantsltd.as.me/... 12th November 2025 Making Tax Digital (MTD) Webinar for landlords & property investors: https://www.optimiseaccountants.co.uk... Making Tax Digital (MTD) is here — but most landlords, tradespeople, and small business owners still don’t know what it actually means. In this video, Simon Misiewicz FCCA ATT EA and Louise from Optimise Accountants break down the real story behind MTD: • What MTD is and what it’s not (spoiler: it’s NOT early tax payment) • Who’s affected — property investors, self-employed, e-commerce sellers, and side hustlers • How often you’ll need to report and what changes for 2026 and beyond • The income thresholds (£50k → £30k → £20k → maybe £0!) • Myths you need to ignore right now • And the “get-out” exemptions HMRC quietly allows We’ll also share how to prepare your records, choose the right software, and avoid the panic headlines. 📚 References: • HMRC MTD Guidance – https://www.gov.uk/government/publica... • Finance Act 2024/25 Updates • OptimiseAccountants.co.uk/making-tax-digital