Yes, you can sign up for MTD even if your income is below the threshold. Here's why some people choose to.
Why Join Early?
- Get ahead of it: Better to learn the system now than scramble when it becomes mandatory
- Better records: Digital record-keeping often leads to finding more legitimate expenses
- Fewer January surprises: Quarterly updates mean you know roughly what you owe throughout the year
- Software is useful anyway: Most MTD software is good accounting software regardless of MTD
Who Should Consider Joining Early?
- Anyone whose income is growing toward £50,000 — get ready now
- Anyone who finds the January tax return stressful
- Anyone who wants to get on top of their business finances
How to Join Voluntarily
Sign up at gov.uk/sign-up-for-making-tax-digital-for-income-tax — the same process as mandatory sign-up. Choose your software first, then connect it to HMRC.