Making Tax Digital for Income Tax replaces the single annual Self Assessment return with four quarterly updates and a Final Declaration. If your combined self-employment and property income is over £50,000, you must submit updates by 7 August, 7 November, 7 February, and 7 May, followed by a Final Declaration on 31 January. Missing all four quarterly updates blocks you from filing the Final Declaration at all.
We handle every quarterly submission and the Final Declaration for sole traders and landlords across Slough, connected directly to your Self Assessment position and, where relevant, your rental income reporting.
Under the old system, a single missed deadline meant one penalty. Under Making Tax Digital, four separate quarterly deadlines fall throughout the year, each needing its own submission through compatible software. While 2026-27 carries no penalty points for a late quarterly update, every one of the four must still be submitted before HMRC will accept your Final Declaration, effectively blocking your year end filing. This is exactly why quarterly submissions need treating with the same seriousness as the old annual deadline, not as an informal check-in. We calendar every quarter date the moment you come into scope.
This service is for sole traders and landlords in or around Slough whose income brings them into Making Tax Digital.
We check your combined self-employment and property income against the current Making Tax Digital threshold.
We prepare and submit each of your four quarterly updates by its exact deadline.
We complete your Final Declaration by 31 January, incorporating dividends, savings, and any other income.
We set you up with HMRC-recognised software and keep your digital records compliant throughout the year.
From 6 April 2026 for anyone with qualifying income over £50,000, based on their 2024-25 tax return figures.
In 2026-27, no penalty points apply, but you cannot submit your Final Declaration until all four updates are filed. From 2027-28, missed updates earn penalty points, with four points triggering a £200 fine.
Your combined gross turnover from self-employment and UK property, before expenses. Profit is not what is measured.
Only if it connects to HMRC-recognised bridging software. A plain spreadsheet with no digital link to HMRC does not meet the requirement.
Our team is part of Direct Assist Accountants' ACCA-regulated practice in Slough
See our full range of accounting services for individuals and businesses
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