Making Tax Digital is the biggest change to Income Tax reporting in over 30 years.
Vyce Tax Returns is built to take care of every step for contractors & sole traders.
What is Vyce Tax Returns...?
Your smarter way to stay compliant with Making Tax Digital for Income Tax
From April 2026, HMRC is introducing a new digital system for how sole traders to report their income. At Vyce, we’re building Vyce Tax Returns to make this transition effortless, helping you stay compliant, avoid mistakes, and save time.
If you’re a sole trader or earn income from property, the way you manage your tax return is changing. HMRC calls this Making Tax Digital for Income Tax (MTD for ITSA) — and Vyce will ensure you’re ready.
A new, simpler way to handle your taxes
Instead of completing one long Self Assessment each January, the admin is spread throughout the year and software becomes central to keeping accurate, real-time records.
Vyce Tax Returns is built to take care of every step.
What you’ll do with Vyce Tax Returns.
Record income and expenses digitally
Use Vyce on your phone to keep accurate records.
Send quarterly updates to HMRC
Vyce will help you prepare and submit your required quarterly updates.
Submit your end of year tax return
When January comes around, Vyce brings everything together so you can file your final submission quickly and confidently.
When do you need to start?
MTD for Income Tax begins from April 2026 for many sole traders. Vyce Tax Returns will guide you ever step of the way.
When You’ll Need to Start Using Vyce for MTD
Making Tax Digital is rolling out in phases:
Start using MTD compatible software from:
6 April 2026 — if your turnover is above £50,000
6 April 2027 — if your turnover is above £30,000
6 April 2028 — if your turnover is above £20,000
HMRC will calculate your start date based only on your turnover from self employment and property combined. Other types of income don’t count.
HMRC will contact you if you meet the threshold. You’ll be told when you need to sign up. It won’t happen automatically, so it’s important to act when notified.
Your first year is a transition year. You’ll still file a normal Self Assessment for the previous tax year because you haven’t yet submitted quarterly updates for that year. After that, all reporting will run through Vyce.
New to self-employment or property? You’ll complete one standard Self Assessment first. HMRC then checks your turnover and lets you know when you need to join MTD.
