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Making Tax Digital for Musicians

Understand what MTD-ITSA means for self-employed musicians and how to get ready. Without the overwhelm!

My Tax Advisor Logo_blue.png
My Tax Advisor Logo_blue.png

Coming Soon: Quarterly Digital Tax for Musicians

From April 2026, self-employed musicians earning over £50,000 will need to submit quarterly updates to HMRC using approved software. This page explains what to do and how to get ready.

  • Log income and expenses digitally - no manual data entry.
     

  • Use HMRC-approved software or spreadsheets with bridging tools.
     

  • HMRC won’t provide their own software.

  • 4 updates a year (every 3 months)
     

  • Final Declaration due by 31 Jan, replacing the SATR
     

  • If you have multiple trades, more updates required

  • From 2026: £50K+ income
     

  • From 2027: £30K+
     

  • From 2028: £20K+
     

  • Compliance required from 3rd tax year after passing the threshold.

  • How does Musicians' Tax Advisor relate to Orpheus Accounting Ltd?
    Orpheus Accounting Ltd is our full service accountancy and tax practice for engaged clients. We use Musicians' Tax Advisor as the education and community part of our business. We communicate with you from both domains but once you become a client of ours, you'll notice that our communications for all matters specific to your business, will come from Orpheus Accounting Ltd.
  • Can I rely on your advice?
    Yes, we are licenced and regulated tax advisors. We are answerable to our membership bodies for the quality of our service and hold indemnity insurance with reputable providers. If for any reason, we believe we not best placed to give you advice on your particular circumstance – we will say so and explain why.
  • What if I am not happy with the advice you give?
    In the first instance we would always ask that you take up your complaint with us – we will do our best to resolve it quickly and satisfactorily. If you are still not satisfied, you are requested to contact our licencing bodies, per our terms and conditions
  • What areas of tax do you not give advice on?
    We don’t give you advice on tax credits, benefits or council tax. If you have a query about one of these taxes you may well find you can access support via the following links: TaxAid - help with a tax problem if HMRC can't sort it out Home Page - Tax Help for Older People (taxvol.org.uk) Low Incomes Tax Reform Group | A voice for the unrepresented (litrg.org.uk)

CHALLENGES

  • Software learning curve

  • Ongoing admin (quarterly vs yearly)

  • Potential added costs

BENEFITS

  • Know your tax bill in real-time

  • Less chance of error

  • Easier long-term compliance

Preparation Checklist

01

Check your income

Are you earning over £50,000?

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Work out your Qualifying Income

02

Find the right software

Look for 'Full Software Journey' capability

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Read our handy guide

03

Stay informed

Our Newsletter, your Union or your Accountant

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Subscribe to our newsletter

04

Choose your path

Beta Tester or Exemption

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Become a beta tester
See if you're exempt

Mastering Xero for Musicians

"Daunted by the prospect of MTD I have taken the plunge and signed up for Xero with supervision and support from Orpheus Accounting. I am now a few weeks in and am feeling quite confident about navigating it all. It is extremely satisfying “reconciling” all my bank transactions in and out with the knowledge that they are now dealt with and ticked off. ... It is giving me a better understanding of how my accounts are organised and I hope that I might be able to take a bit more control of ordering and submitting them to HMRC in the future."

Clare Hayes

We are proud to be Xero Partners. Contact us today to see if we can help you navigate Xero, or try our self-paced Xero for Musicians online course.

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