TaxSimba — MTD From April 2028: What the £20,000 Threshold Means
Preparation worksheet

Optional offline planning aid, not a tax return or filing confirmation.
Keep completed notes securely; never include passwords or one-time codes.

WORK THROUGH THIS EXAMPLE
Keep a 2026/27 schedule of relevant gross trade and property income for the April 2028 phase. Record the expected start separately from your current obligations. A future threshold should not be used to infer that an identical duty already applies today.

DECISION TO RESOLVE
Which year’s income supports the future start-date check?

YOUR POSITION
Relevant year and source: ____________________
Evidence supporting your answer: ____________________
Missing item and who will obtain it: ____________________
Deadline or next review date: ____________________

1. Record gross 2026/27 qualifying sources.
Notes: ______________________________

2. Document joint-income shares.
Notes: ______________________________

3. Check earlier MTD start rules.
Notes: ______________________________

4. Plan software and regular record keeping.
Notes: ______________________________

5. Recheck official rules before the relevant start year.
Notes: ______________________________

Actions agreed and responsible person:
____________________________________

Guide: https://taxsimba.co.uk/blogs/mtd-20000-threshold-april-2028
Check the current guide and official sources before relying on a deadline or process.