Welcome to MTD 4 Income Tax
MTD 4 Income Tax is a very easy to use Bridging Software for Sole Traders and/or a Landlords registered for Self Assessment who do not need an accountant or bookkeeper and it is currently under development aiming to become a HMRC-Recognised software at an affordable price.
If you receive qualifying income from self-employment and/or property, you’ll be legally required to use Making Tax Digital (MTD) for Income Tax – based on the level of qualifying income – from the following dates:
- April 2026, if your qualifying income is over £50,000 in the 2024 to 2025 tax year
- April 2027, if your qualifying income is over £30,000 in the 2025 to 2026 tax year
- April 2028, if your qualifying income is over £20,000 in the 2026 to 2027 tax year
Because you'll be legally required to use Making Tax Digital (MTD) for Income Tax, you could get a penalty for not sending quarterly updates on-time.
With MTD 4 Income Tax Bridging Software you will be able to:
- maintain a digital record of their tax affairs
- submit quarterly updates of income and expenditure
- make any tax allowances and adjustments
- claim for losses
- make any accounting adjustments as needed
- receive nudges and prompts from HMRC
- submit any other income sources
- make a final declaration to submit a tax return
More details will be published later on...
For any question, contact: support@mtd4incometax.co.uk