Freelance Project Managers · Updated September 2026 ✓ HMRC-sourced

MTD for Freelance Project Managers —
Day Rates and Your Threshold

12 September 2026 ⏱ 9 min read Editorial policy ↗ HMRC eligibility guidance ↗
⚡ Check Your Freelance Income
Are you above the MTD threshold?
Total day-rate / project fee income (gross)
£
Any other self-employment income
£

Only include genuinely self-employed sole trader income. Work inside IR35 or through your own limited company is treated differently.

The one-line answer
  • The same £50k / £30k / £20k phased MTD thresholds apply as any self-employed sole trader, but only to income from contracts you take on directly as a sole trader.
  • Many freelance project managers operate through their own limited company or via an umbrella, MTD for Income Tax only reaches genuine sole trader income, not company profits or umbrella PAYE.
  • If a contract is caught by IR35, tax is deducted at source by the client or agency, that income is treated as employment income, not sole trader turnover, for this threshold.

If you work as a genuinely self-employed freelance project manager, contracting directly with clients as a sole trader, Making Tax Digital applies to you the same way it applies to any other self-employed person. Project management contracting has several different structures though, and it's worth being clear which one you're actually working under.

Are You Affected by MTD as a Freelance Project Manager?

Yes, if your gross genuinely self-employed income, plus any other self-employment income, exceeds the relevant threshold:

Tax Year AssessedThresholdMTD Start Date
2024–25Over £50,0006 April 2026. Live since April 2026
2025–26Over £30,0006 April 2027
2026–27Over £20,0006 April 2028

Your gross income is your total day-rate or project fees received before expenses, software subscriptions and other costs are deducted afterwards, not before, when checking your threshold.

IR35, Umbrella, or Genuine Sole Trader — Which Are You?

Freelance project management contracts are arranged in several different ways, and only one of them is reached by MTD for Income Tax:

  • Genuine sole trader, invoicing clients directly under your own name, outside IR35. This is the arrangement covered by this guide, MTD applies in full once you're above the threshold
  • Inside IR35, where the client or agency deducts tax and National Insurance at source, similar to PAYE. This income is treated as employment income, not sole trader turnover, and doesn't count towards this threshold
  • Through your own limited company, company profits sit outside MTD for Income Tax entirely, which only reaches sole trader and property income
  • Umbrella company PAYE, where the umbrella employs you and pays a wage after deductions. This is employment income and doesn't count towards MTD
Check each contract separately: it's common for a freelance PM to run a mix of arrangements across different clients in the same tax year, one contract inside IR35, another as a genuine sole trader engagement. Only the genuinely self-employed sole trader income counts towards your MTD threshold, the rest is taxed differently and sits outside it.

What You Can Claim

Expense CategoryExamples
SoftwareProject management tools, time tracking, and reporting software
Professional developmentPRINCE2, APM, or PMP certification and renewal costs
TravelMileage or travel to client sites, at the current HMRC rate
Use of home / officeSimplified flat rate, or a proportion of costs if you rent office space
InsuranceProfessional indemnity insurance

Worked Example

Nadia. Freelance project manager, mixed contract types

Sole trader day-rate contract, outside IR35 (gross)£54,000
Second contract, inside IR35 (excluded from MTD)Not counted
Nadia's MTD qualifying income£54,000

Nadia's inside-IR35 contract is already taxed at source and excluded entirely. Her £54,000 genuinely self-employed income exceeds the £50,000 Phase 1 threshold, so MTD already applies to her.

Frequently Asked Questions

Does income from an inside-IR35 contract count towards my MTD threshold?

No. If a contract is inside IR35, tax and National Insurance are deducted at source by the client or agency, and that income is treated as employment income, not sole trader turnover, for MTD purposes.

What's the MTD threshold for freelance project managers?

The same as any genuinely self-employed sole trader: over £50,000 gross income in 2024–25 means MTD from April 2026, over £30,000 in 2025–26 means April 2027, over £20,000 in 2026–27 means April 2028.

I run some contracts through my limited company. Does this guide apply to that income?

No, not for MTD purposes. Company profits are taxed under Corporation Tax and dividend rules, which are outside MTD for Income Tax's current scope, only your genuine sole trader income is reached by it.

How do I know if a contract is inside or outside IR35?

The engaging client or agency is generally responsible for making this determination and should provide you with a status determination statement. If you're unsure, it's worth confirming directly with them before assuming a contract's status.

What software do I need as a freelance project manager?

Any HMRC-recognised MTD software works. The main practical need is separating genuine sole trader income from any inside-IR35 or umbrella PAYE contracts, which is a simple categorisation task in any standard software.

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