Does Making Tax Digital apply to me?
Making Tax Digital for Income Tax may apply to landlords who receive property income, self-employment income, or both.
MTD applies if a landlord is registered for Self Assessment, receives income from property or self-employment, and has qualifying income above the relevant threshold.
This article should explain:
- Who needs to use MTD
- What qualifying income means
- The phased MTD thresholds
- Personal ownership vs limited company ownership
- What existing GetGround customers should do next