HMRC estimates that around 40% of people affected don’t use an accountant or tax adviser. So if you handle your own tax ...

As Making Tax Digital for Income Tax (MTD IT) fast approaches, the amount of commentary, speculation, and concern within the profession is intensifying.* ...

The self-assessment tax deadline is fast approaching, but landlords and the self-employed will soon have new HMRC requirements to follow – known as Making Tax Digital. The changes are the “biggest ...

From April 2026, many landlords will be required to keep digital records and submit quarterly updates to HMRC.

If you're self-employed or a landlord, you'll need to know about Making Tax Digital, which directly impacts how you file your tax returns. It's meant to modernise the system, but critics say it will ...

MTD stands for Making Tax Digital. MTD-compliant software lets you keep digital records and submit tax information directly to HMRC through approved software. Think of it as your software and HMRC ...

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. If you’re a sole trader or a landlord the way you’ll have to report your taxes is changing. HMRC ...

About half of exemption requests approved as 780,000 prepare for quarterly reporting in April The UK tax collector has ...

To make matters worse, whilst HMRC has postponed formal penalties for missed quarterly updates until April 2027, anyone who repeatedly fails to meet deadlines after that point could accumulate penalty ...

Around 212,500 UK businesses face potentially ‘tens of millions’ in extra accountancy costs under the government’s incoming Making Tax Digital initiative, experts have warned ...

Looking to fine-tune your finances? Here are some of the key considerations when comparing sole trader accounting software ...