Appearing before the influential Treasury Committee, Jonathan Athow (pictured), director general for tax design at HMRC was put on the spot about awareness of Making Tax Digital (MTD) for Income Tax.

Chair of the committee, Dame Meg Hillier asked whether businesses were ‘fully aware’ of their upcoming requirements under the new tax filing rules.

From 6 April 2026, sole traders, self employed individuals and landlords with gross income over £50,000 will be required to keep digital records in accounting software, and will have to submit quarterly submissions to HMRC followed by a year end statement. But qualifying income does not include dividends, only property income and self employed earnings.