untied and MTD
untied and MTD for Income Tax
untied is among the most experienced software products for Making Tax Digital for Income Tax. The first meeting that we went to on MTD for Income Tax was back in 2016. In 2020, we were the first end to end app recognised for MTD for Income Tax.
When MTD is coming in
MTD is being mandated in phases, according to your qualifying income. This is based on a previous year - 2026/27 mandation depends on figures from 2024/25 etc. The total qualifying income is based on the turnover (not profit) from property and self employment (excluding partnerships).
You will be mandated if your income from these sources exceeds the following levels:
>£50k in the tax year 2024/25 - mandation from April 2026
>£30k in the tax year 2025/26 - mandation from April 2027
>£20k in the tax year 2026/27 - mandation from April 2028
Other income sources
Mandation is only determined by your self employment and property income.
Other income sources - such as employment (PAYE), investments (interest or dividends) or capital gains - don't count towards your total qualifying income.
You can join the official HMRC beta testing phase for MTD with untied now
Taxpayers can choose to join the beta now - just get in touch if you're interested either by email or by booking a call.
There are lots of benefits in terms of getting yourself ready for MTD.
But also be aware:
- HMRC systems are still very much in development
- Because their systems are in development, so are our integrations to them, so from time to time it may not all be smooth!