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The quarterly updates you send to HMRC will include:

• your business income and expenses from the previous 3 months
• the digital records you have already created since the beginning of that tax year and any corrections you鈥檝e made to them

For example, your third quarterly update (due on 5 February) will send HMRC your records for your:

• self-employment and property income and expenses from 6 October to 5 January
• self-employment and property income and expenses from 6 April to 5 October that you have already sent to us, and include any corrections you have made to them

HMRC will:

• receive the totals for each relevant income and expense category based on your digital records for that period聽
• not receive details of individual digital records

You do not need to make any accounting or tax adjustments before sending an update.听

If you have not received any income or incurred any expenses during the last update period, you still need to submit your quarterly update to tell us that.听

After sending an update, you will be able to see an estimate of your tax bill for your business income in your software or in your HMRC online services account.听

If you have chosen to keep digital records of other income sources in your software, you may be able to report them during the tax year, but they will not be included in your quarterly updates. If you cannot report them during the tax year or choose not to, you will need to declare them before you finalise your Income Tax position and submit your tax return.听

You can read more about the categories of information that you should send to HMRC in a quarterly update in the Update notice for Making Tax Digital for Income Tax.

You can use either:聽

• standard update periods 鈥� this aligns to the tax year (6 April to 5 April)聽
• calendar update periods 鈥� these end on the last day of month and will make your record keeping simpler if your accounting period ends on 31 March聽

If you have an agent, you should talk to them if you are unsure about your accounting period.

If you use standard update periods聽

The standard update periods are based on the tax year.听

Once each update period has ended, you need to send your update within one month.听

After Making Tax Digital for Income Tax becomes a legal requirement, if you do not send your update by the relevant deadline, you may receive a late submission penalty. These penalties do not apply during the testing phase.听

During testing, you can sign up partway through the tax year and will not receive penalty points or penalties for sending quarterly updates after the deadlines. You can read more about catching up if your circumstances change.听

The following table sets out the update periods and deadlines that will apply from 6 April 2025.

If you use calendar update periods聽

If your software has the functionality, you can choose to send quarterly updates that end on the last day of month 鈥� these are called calendar update periods. This will make your record keeping simpler if your accounting period ends on 31 March.听

You鈥檒l need to meet the same deadlines as standard update periods.听

If you want to use calendar update periods, you need to select calendar update periods in your software before your first update is made for the tax year.听

Calendar update periods will continue to apply unless you decide to change back to standard update periods.听

If you want to return to standard update periods, you need to select standard update periods in your software before the first update is made for the tax year. After you have submitted an update, you will not be able to return to standard update periods until the next tax year.

The following table sets out the update periods and deadlines that will apply from 6 April 2025.听

You need to send updates for each business income source to us every 3 months.

You can choose to send updates more frequently, for example, if you want to understand how a significant business receipt or expense affects your estimated tax bill. Most compatible software will allow you to send an update on any day.听

If you choose to send more frequent updates, they need to cover the full update period. For example, instead of submitting one update covering 6 April to 5 July, you could choose to submit 3 monthly updates covering:聽

• 6 April to 5 May
• 6 April to 5 June
• 6 April to 5 July

If you do not expect to have any further transactions to record, you can send an update up to 10 days before the end of the update period. For example, you may be going on holiday and know that you will not be working for the remainder of the period and will receive no further income.

If you have jointly let properties, in your quarterly updates you can choose to include either:

• all property income and expenses for those properties
• only your property income without expenses for those properties

If you鈥檝e chosen not to include those expenses, you must report this information at the end of the tax year before you finalise your Income Tax position.

In your quarterly updates, you will still need to include:

• your property income for those jointly let properties
• any property income and expenses relating to properties that you solely own