Making Tax Digital for Income Tax is the biggest change to Self Assessment in decades – but how prepared are sole traders for this shift?
To answer that question, IPSE partnered with Sage to conduct a major study of 1,000 sole traders. Our goal was to understand their awareness of the upcoming MTD requirements and how ready they are to move from manual processes to digital record-keeping.
The report reveals a worrying lack of awareness, low adoption of accounting software, and significant barriers such as cost and familiarity. It also highlights the scale of the challenge facing HMRC and the wider industry as the April 2026 deadline approaches.
Download the report to explore the findings and see what they tell us about the state of digital adoption among the UK’s sole traders.
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IPSE, in partnership with Sage, conducted a study of 1,000 sole traders to understand their awareness and readiness for Making Tax Digital for Income Tax.
