Income · Thresholds · Updated June 2026

What Income Counts Towards the MTD Threshold? —
Pension, PAYE, Dividends, Rental: Answered

📅 11 June 2026 ⏱ 8 min read ✓ HMRC-sourced Editorial policy ↗ 📋 HMRC eligibility guidance ↗
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✅ Counts towards MTD

Self-employment (gross)
£
UK rental income (gross)
£
Gig / CIS / platform (gross)
£

❌ Never counts (context only)

PAYE salary
£
Pension
£
Dividends + savings
£

The single most common question about Making Tax Digital for Income Tax is: does my income count towards the threshold? For many people — those with pensions, PAYE jobs, dividends, and savings — the answer is no. For sole traders and landlords, the answer is yes. Getting this wrong in either direction costs you — either by registering unnecessarily or by missing a legal obligation.

This guide covers every income type individually, with the exact HMRC rule and practical examples.

Quick Reference — What Counts and What Doesn't

✅ Counts Towards MTD Threshold
Self-employment gross turnover
UK property rental gross receipts
Gig economy gross earnings (Uber, Deliveroo, Etsy)
Furnished Holiday Let income (post-April 2025)
CIS gross sub-contracting income
Airbnb income above £7,500 Rent a Room
Multiple self-employment businesses (combined)
Your share of jointly owned rental property
❌ Never Counts — Excluded
PAYE employment salary
State pension
Private pensions (SIPP, annuity, drawdown)
Dividends (including from your own company)
Savings and bank interest
Capital gains
Overseas rental income
Child benefit, Universal Credit, state benefits
Trust income
Partnership income (no confirmed MTD date)
📐
The golden rule: MTD qualifying income is gross income before expenses from self-employment and UK property rental only. Nothing else. Expenses, deductions, and allowances reduce your taxable profit — but they do not reduce your qualifying income for the purpose of determining whether you are above the MTD threshold.

Self-Employment Income — Counts in Full

Your gross self-employment turnover counts in full — this is the total you earned before deducting any business expenses. It is the same figure you report as trading income on your Self Assessment return.

What this means in practice: A freelance designer who invoiced £62,000 in 2024–25 has £62,000 qualifying income — even if their net profit after business costs was only £38,000. The £38,000 profit figure is what HMRC taxes, but the £62,000 gross is what determines whether MTD applies.

Multiple self-employment businesses

If you run more than one self-employed business — for example, you are both a driving instructor and a music tutor — your qualifying income is the combined gross turnover of all your self-employment activities. Each business is reported separately in MTD quarterly updates, but the totals are combined for threshold purposes.

UK Rental Income — Counts in Full

UK property rental income counts towards the MTD threshold — measured as gross rent received before expenses. Expenses such as mortgage interest, repairs, letting agent fees, and insurance do not reduce your qualifying income for threshold purposes.

Joint property — married couples and co-owners

If you own a rental property jointly, each owner is assessed on their own share only. Thresholds are never pooled between co-owners.

Married couples default to a 50/50 split. If your actual beneficial interests differ, declare this to HMRC using Form 17 before the relevant tax year.

Furnished Holiday Lets (post-April 2025)

From 6 April 2025, the special FHL tax regime was abolished. Furnished Holiday Lets are now treated as ordinary property income for all tax purposes, including MTD. Your FHL gross receipts count towards your MTD qualifying income in exactly the same way as any other rental income.

Gig Economy Income — Gross Platform Earnings Count

Income from gig platforms — Uber, Bolt, Deliveroo, Just Eat, Etsy, eBay, Airbnb, TaskRabbit, and others — counts as self-employment income for MTD purposes. The threshold uses gross earnings before platform commission, not the amount you receive in your bank account.

PlatformWhat CountsWhat Doesn't Count
Uber / BoltGross trip value processedPlatform commission, vehicle costs, fuel
Deliveroo / Just EatGross delivery earningsPlatform fee, mileage costs
Etsy / eBayGross sales revenueListing fees, postage, materials
AirbnbGross rental receipts (above £7,500)Platform service fee, cleaning costs
Fiverr / UpworkGross fees before platform commissionPlatform percentage, software costs
📡
HMRC already knows your gig income. Since January 2024, all UK digital platforms must report seller and driver earnings to HMRC under the OECD DAC7 rules. If you earn above the threshold from gig work and have not registered for MTD, HMRC has been formally notified of your income.

Pension Income — Does Not Count

No pension income counts towards the MTD threshold. This is one of the most common sources of confusion, and the answer is clear and absolute.

The following are all excluded — regardless of the amount:

Practical example: A retired person receiving £28,000 per year in pension income has zero MTD obligation, regardless of the amount. The same person who also rents out a property earning £55,000 gross in rental income is above the Phase 1 threshold — the rental income alone triggers the obligation, not the pension.

PAYE Employment Income — Does Not Count

PAYE salary and wages are explicitly excluded from the MTD qualifying income calculation. This applies regardless of how high your salary is.

Why? PAYE income is already reported to HMRC in real time by your employer via payroll. MTD ITSA is specifically designed to bring self-employment and rental income — which HMRC previously only learned about once a year via Self Assessment — into a more regular reporting cycle. PAYE income is already reported regularly and so is excluded.

Common scenario: A hospital consultant earning £120,000 PAYE salary who also has a small private practice earning £45,000 gross has £45,000 qualifying income — below the current £50,000 Phase 1 threshold. They are not yet required to register for MTD. (They will be in Phase 2 in April 2027 if the private practice income still exceeds £30,000 in 2025–26.)

Dividend Income — Does Not Count

Dividends are excluded from the MTD qualifying income calculation — including dividends from your own limited company. Many company directors pay themselves a combination of salary (PAYE) and dividends. Neither element counts towards the MTD threshold.

Exception to be aware of: If you also have personal self-employment income or rental income above the threshold, that separate income triggers MTD — regardless of what dividends you receive. The dividends themselves remain excluded.

Savings Interest — Does Not Count

Interest from bank accounts, cash ISAs, NS&I, bonds, and other savings products is excluded from the MTD qualifying income calculation. This is true regardless of how much interest you receive.

Capital Gains — Do Not Count

Capital gains from selling assets — property, shares, cryptocurrency, business assets — are excluded from the MTD qualifying income calculation. Note that selling a rental property may trigger a separate Capital Gains Tax reporting obligation, but the gain itself does not affect your MTD threshold.

Overseas Rental Income — Does Not Count (Currently)

Overseas property rental income is currently excluded from the MTD qualifying income calculation. Only UK property rental income counts. If you own rental property abroad — in Spain, Portugal, France, or anywhere else — that income does not count towards your MTD threshold under current legislation.

CIS Sub-Contracting Income — Counts (Gross)

Construction Industry Scheme (CIS) sub-contractors must use their gross income before any CIS deductions at source. If your contractor deducts 20% or 30% at source, that deduction is a tax payment — it does not reduce your qualifying income for MTD threshold purposes.

A CIS sub-contractor with £55,000 gross earnings — even if the contractor deducted £11,000 at source leaving £44,000 net — has £55,000 qualifying income and is in Phase 1.

Worked Examples

PersonIncome SourcesQualifying IncomeMTD Status
Freelance designer£62,000 self-employment + £40,000 PAYE£62,000Phase 1 — April 2026
Retired landlord£28,000 pension + £58,000 gross rental£58,000Phase 1 — April 2026
Company director£80,000 PAYE + £25,000 dividends£0Not in scope
Uber driver + part-time PAYE£52,000 gross Uber + £18,000 PAYE£52,000Phase 1 — April 2026
Landlord (50/50 joint)£90,000 total rental, 50/50 split£45,000 eachPhase 2 — April 2027
Sole trader (growing)£38,000 self-employment + £5,000 savings interest£38,000Phase 2 — April 2027
PAYE nurse + small rental£55,000 PAYE + £18,000 gross rental£18,000Phase 3 — April 2028

Frequently Asked Questions

No. State pension, private pensions, SIPPs, annuities and drawdown income are completely excluded from the MTD qualifying income calculation. No pension income of any amount creates a MTD ITSA obligation on its own.
No. PAYE employment income is explicitly excluded from the MTD qualifying income calculation, regardless of the salary level. Only self-employment income and UK property rental income count.
No. Dividend income is excluded from the MTD qualifying income calculation — including dividends from your own limited company, investment dividends, and investment trust distributions.
Yes — but only the amount above £7,500. If you let a room in your own home through Airbnb and earn less than £7,500 per year, the entire amount is exempt under Rent a Room relief and does not count. If you earn more than £7,500, the excess above £7,500 counts as self-employment income towards your MTD threshold.
Yes. Your qualifying income for MTD is the combined total of all your self-employment gross turnover and UK property rental gross receipts. A sole trader with £28,000 in self-employment income and £25,000 in rental income has £53,000 qualifying income — above the Phase 1 threshold.
Gross income — always. The MTD threshold is based on gross income before expenses, not net profit. A sole trader with £55,000 gross turnover and £30,000 business expenses has a taxable profit of £25,000, but their qualifying income for the MTD threshold is still £55,000.

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