HMRC clarifies digital income-tax updates
HMRC has clarified quarterly digital income-tax updates for sole traders and landlords earning more than £50,000. It stresses that an update is not a tax return and does not itself trigger a payment.
Issued by HM Revenue & Customs, United Kingdom ·
The announcement addresses Making Tax Digital for Income Tax before the 7 November deadline. Quarterly updates summarise self-employment or property income and expenses through compatible software. HMRC says they do not calculate tax: the overall position is determined through the tax-year return. Customers can check submission history online or through their software. The release was published on 2 November; the later date is the filing deadline under discussion. Readers should consult the original guidance for their own circumstances.
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