MTD: What Sole Traders and Property Owners Need To Know

This informatinve session will be led by Dr `Peter Ellington, Founder and CEO of Triple Bottom Line Accounting (TBLA Ltd) and will be tailored for sole traders and property owners, focusing on the upcoming Making Tax Digital (MTD) changes.

MTD Roll-Out Timetable:

From April 2026 – applies to those with income above £50,000.

From April 2027 – applies to those above £30,000.

From April 2028 – planned extension to those above £20,000.

Peter will talk through how the changes affect record-keeping, reporting, and compliance obligations.

Topics covered:

• how digital record-keeping and quarterly submissions will work in practice
• the impact on tax reporting, compliance, and HMRC investigation triggers
• the wider effects of digitisation on small businesses – both opportunities and challenges
• an overview of MTD-compliant software options (QuickBooks, FreeAgent, Xero, etc.)
• guidance on available support for transitioning, including pricing models and what professional practices are currently charging for MTD services and digital bookkeeping
• the 3 service variants: (1) DIY (2) DIY with support (3) Full service

Key takeaways:

Participants will leave with a clear understanding of what’s required, how to prepare digitally, and how to manage the transition efficiently and cost-effectively.

Places are limited so early registration is recommended

Dr Peter Ellington

Founder and CEO, Triple Bottom Line Accounting (TBLA Ltd)

With over five decades of experience, Dr Peter Ellington is a distinguished leader in sustainable accounting, taxation, corporate strategy, and accounting education. His career spans senior executive roles in FTSE100 firms, academic influence at one of the UK’s leading universities, and founding Triple Bottom Line Accounting in 2009, a pioneering accountancy practice rooted in sustainability and ethics.

Know what’s Happening Next — before everyone else does.

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Host or Publisher Norfolk Network