Enter your gross income (turnover/rent before expenses) - that's what HMRC counts.
HMRC adds your gross self-employment and property income together - not your profit.
Your result
What it means
What to do
Qualifying income is tested on your previous tax year's return, so a future threshold can pull you in even if this year is lower.
It's phased in by income. Your band is highlighted.
| Qualifying income | Mandatory from | First tax year |
|---|---|---|
Under £20,000: not yet mandated - the government has said it will keep this under review. General partnerships are expected to join later.
Next deadline
What you submit each quarter
A cumulative summary of your business and property income and expenses, using MTD-compatible software. You get a running estimate of the tax due - but you don't pay until the normal Self Assessment date.
Late quarterly updates earn points under HMRC's points-based penalty system; enough points trigger a £200 penalty.
| Submission | Period covered | Deadline | Countdown |
|---|---|---|---|
Standard quarterly periods shown (you can elect calendar-quarter dates instead). The Final Declaration replaces the old Self Assessment return and is due 31 January after the tax year ends.
Create a free account to save these deadlines and get reminders.
You must use MTD-compatible software. Typical routes:
Some software is free for the simplest landlords/sole traders. Check HMRC's recognised-software list before you buy.
MTD for Income Tax Checker & Deadline Tracker by TaxFly — free UK tax calculators