Deadlines · 2027 to 2028 · update 3

MTD quarterly update 3 of 2027 to 2028: due 7 February 2028

Last updated 28 October 2026. Every fact below is checked against the sources listed at the end. General information, not tax advice.

Short answer: Update 3 for 2027 to 2028 is due by 7 February 2028. With standard periods it covers 6 April 2027 to 5 January 2028 (with calendar periods, 1 April 2027 to 31 December 2027). Each quarterly update covers the tax year so far: from the start of the tax year to the end of the update period.

What this update covers

The new transactions in this update are those dated 6 October 2027 to 5 January 2028; the update also repeats everything since 6 April 2027.

Checklist from your platform files

Etsy: monthly statements for each month touching 6 Oct 2027 to 5 Jan 2028, split by date (Etsy files).
eBay: a Transaction report with exactly these dates (eBay files).
Amazon: every Flat File V2 settlement overlapping the period, split by posted-date (Amazon files).
Shopify and PayPal: transaction exports for the date range (Shopify, PayPal).
Costs paid elsewhere, such as stock and packaging.

You don't need to make accounting or tax adjustments before sending a quarterly update.

If it's late

For tax years after 2026 to 2027, each missed quarterly update or tax return deadline gets a penalty point (only one point per deadline, even with several businesses). At 4 points you get a £200 penalty, and another £200 for each further missed deadline. If you're below the 4-point threshold, each point is removed automatically 24 months after the missed deadline.

Worked example: what update 3 reports

Example figures Made-up figures for a fictional seller, not real data.

Line	Already reported	New in update 3	Sent in update 3 (year to date)
Turnover	£13,170.00	£8,890.00	£22,060.00
Expenses	£2,770.00	£1,925.00	£4,695.00

Your software works out the year-to-date totals from your digital records; you check them before sending.

Turn your marketplace exports into MTD-ready records

TidyTill reads Etsy, eBay, Amazon, Shopify and PayPal exports, works out gross turnover, splits it into MTD periods and flags gaps and duplicates. Upload your exports and see your totals, quarters and Health Check free before you pay. Then £19 one-off for a workbook or £49 a year for unlimited workbooks. Paid workbook downloads open very soon; the free preview works now.

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Questions

Can I send it early?

You can send an update any time after the end of the update period up to and including the deadline, or up to 10 days before the period ends if you don't expect any more transactions.

Do I need accounting adjustments first?

You don't need to make accounting or tax adjustments before sending a quarterly update.

What if I had no sales this quarter?

If you had no income or expenses in an update period, you must still send the quarterly update.

Sources

Send quarterly updates (Making Tax Digital for Income Tax) (GOV.UK, checked 28 October 2026)
Penalties for Making Tax Digital for Income Tax (GOV.UK, checked 28 October 2026)

TidyTill is a record-keeping aid only. This page is general information, not tax advice. TidyTill is not HMRC-recognised software and it doesn't submit anything to HMRC: you send quarterly updates and your tax return through HMRC-recognised software. Rules and dates can change, so check GOV.UK or ask an accountant about your own situation.