MTD: What It Really Means for Sole Traders and Landlords

For Finances Sake (FFS) · Mar 31, 2026 · 7m

MTD… the thing everyone is either talking about or hasn’t heard about!

Making Tax Digital for Income Tax or as we’re calling it, the sole trader trap and the hidden cost nobody asked for.

Because while HMRC calls this “modernisation”, what we’re actually seeing on the ground is confusion, last-minute panic, and a lot of people who don’t even realise it applies to them yet.

And here’s the kicker, it’s not based on profit… it’s based on turnover. So even if you’re not making much money, you could still be pulled into more admin, more cost, and more pressure.

I’m joined by Tara, who’s on the…