Directors, landlords, side-hustlers — if you’ve got income HMRC doesn’t automatically tax through payroll, you need a Self Assessment return. And if you’re above the new MTD threshold, the way you file is changing too.
Is this you?
- You’re a company director who also needs a personal Self Assessment return
- You’re a landlord with rental income to report
- You’ve started a side business alongside your main job
- You’ve just found out MTD for Income Tax applies to you and don’t know what changes
FAQs about MTD & Self Assessment
Still not sure? Email a chartered accountant directly — we reply the same working day.
Do I need to file a Self Assessment return?
Yes, if you have income HMRC doesn’t automatically tax (self-employment, rental income, dividends over the allowance, or income over £100,000).
What is MTD for Income Tax and does it affect me?
It’s HMRC’s move to require digital record-keeping and quarterly updates instead of one annual return. It currently applies once your gross self-employment/property income is over £50,000.
I’m a director — don’t you already handle my company’s tax?
Corporation Tax is your company’s tax. Self Assessment is separate — it’s your personal tax return, covering salary, dividends, and any other personal income.
See our fixed-fee Self Assessment Accountant service
