Your ‘qualifying income’ determines if you must follow Making Tax Digital (MTD) rules. This is the total amount of money your business makes before you take away any costs or expenses.
Where to look
The best place to find this figure is your most recent Self-Assessment tax return. To find your total, add together:
Your total business turnover (the total sales or income for the year)
Any income you received from renting out property
If the total of these two amounts is over the £30,000 or £50,000 threshold, MTD applies to you.
Important: If you have more than one business, you must add the turnover from all of them together to get your final figure.