Latest posts
Missed the 7 November MTD Quarterly Update? What to Do Now
If you missed the 7 November quarterly update, send it now. Quarterly updates are cumulative, no tax is due with an update, and there are no penalty points for late quarterly updates in 2026/27. The next update is due 7 February 2027, and the 2026/27 annual return is due 31 January 2028, so keep your…
MTD Exemptions After Budget 2026: Four Groups Deferred Until Further Notice
Budget 2026 changed the answer to a simple question. Who does not have to join Making Tax Digital for Income Tax? Four groups do not have to join until further notice. Budget 2026 announced the change, and secondary legislation is due before April 2027. It is not yet a settled rule in HMRC guidance, so…
7 November Is a Double Deadline, and Neither Date Moves for the Weekend
Saturday 7 November 2026 carries two separate tax deadlines. Sole traders and landlords in the first Making Tax Digital cohort must send their second quarterly update. VAT businesses on the standard March, June, September and December cycle must file the return for the quarter ending 30 September and pay any VAT due. Neither deadline moves…
What Joining MTD Actually Costs, in HMRC’s Own Figures
How much does joining Making Tax Digital actually cost? HMRC’s own impact assessment gives an answer, and it is smaller than many headlines suggest. For qualifying income over £50,000, the average MTD cost is £285 one-off, plus £115 a year. For qualifying income between £30,000 and £50,000, it is £350 one-off, plus £110 a year.…
Autumn Budget 2026: What Was Announced on 28 October
Chancellor John Healey delivered the Autumn Budget 2026 on Wednesday 28 October 2026. He stood up at around 12:30pm, straight after Prime Minister’s Questions, for his first Budget. The Budget documents followed once the speech ended. This article follows our preview of 8 October 2026. It covers what was actually announced and what did not…
275,000 Still Outside MTD: HMRC Is Signing People Up Before 7 November
More than 275,000 landlords and sole traders who should be using Making Tax Digital for Income Tax had still not signed up, six months after the scheme launched. That is the reported picture, and HMRC is now closing the gap itself. Automatic sign-up began in September 2026, and auto-enrolment letters are landing now. If you…
Signing up for MTD Income Tax? You’ll need a phone photo-ID check now
Making Tax Digital for Income Tax starts on 6 April 2026 for sole traders and landlords with qualifying income over £50,000. If that is you, HMRC says you should sign up now. If your income is lower, check whether the £30,000 threshold catches you from April 2027. One step of the sign-up process has changed.…
HMRC Says Six Months to Go: £30k+ Traders Urged to Sign Up for MTD Now
HMRC says six months to go until MTD for Income Tax reaches sole traders and landlords with turnover over £30,000. Who is affected, how the turnover test works, and why signing up now pays off.
MTD Penalty Points Explained: What Happens When You Miss a Quarterly Update
Making Tax Digital for Income Tax is live. If you are self-employed or a landlord with qualifying income over £50,000, you now send quarterly updates to HMRC, and missing one has consequences. This year, 2026/27, is a soft-landing year: HMRC will not apply penalty points for late quarterly updates. But the system bites in full…
MTD £30k Threshold from April 2027: Are You Caught Next?
Making Tax Digital for Income Tax starts in April 2026 for those earning over £50,000. But a second wave follows fast. From April 2027, the threshold drops to over £30,000. If your self-employed or rental income sits between £30,000 and £50,000, MTD is coming for you. Here is what that means and what to do…
