Making Tax Digital (MTD) for Income Tax is one of the biggest changes to the UK tax system for self-employed workers and landlords in recent years. If you're a CIS subcontractor, sole trader it's important to understand when the new rules will apply to you, whether you're exempt, and what steps you should take to prepare.

For many CIS subcontractors, paperwork is often left until the end of the tax year. Receipts go missing, invoices are forgotten and bank statements become the only record of what happened. While this approach may have worked in the past, Making Tax Digital (MTD) is changing how self-employed workers keep their records and report their income to HMRC.