On 6th April 2026, sole traders and landlords Making Tax Digital (MTD) are obligated to report their income and expenses to ...
ICAEW Taxation Strategy head Frank Haskew has commented on the UK Government's Making Tax Digital (MTD) draft legislation. The draft legislation require taxpayers to submit end-of-year returns through ...
From April 2026, if your turnover is above £50,000 from self-employment and property income combined, you will need to use MTD-compatible software to keep digital records for sending HMRC quarterly ...
Farmers operating as sole traders will have an extra year before they will need to start using Making Tax Digital for Income ...
Landlords and sole traders with an annual income over £50,000 have less than four months before new income tax rules begin.
Making Tax Digital for Income Tax (MTD IT) quarterly reporting is already live in the current HMRC pilot, ahead of mandation starting in April 2026.
The launch of Making Tax Digital on April 6, 2026 will mark a significant and time-saving change for certain people.
Completing your next tax return may be the furthest thing from your mind right now. In fact, you’re likely relieved that the 31 January deadline for filing the last one is behind you and you don’t ...
The Government’s Making Tax Digital (MTD) initiative will become mandatory for many self-employed individuals from April 2026. The new rules aim to make managing business taxes easier and more ...
The government has delayed the introduction of Making Tax Digital (MTD) for Income Tax for farmers operating as sole traders ...