Latest posts
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…
Your Second MTD Quarterly Update Is Due 7 November: What to Do Now
If you use Making Tax Digital for Income Tax, your next deadline is close. Your second quarterly update is due by 7 November 2026. It covers the period ending 5 October 2026. Industry body Propertymark is urging landlords and sole traders to get ready now. Before the deadline, check that your records are up to…
Making Tax Digital (MTD) 2026: The Complete Guide for UK Businesses
The UK tax system is undergoing its biggest change in decades. Making Tax Digital (MTD) is at the heart of this transformation. For businesses and sole traders, understanding MTD is no longer optional — it is essential. Compliance is not just about following the rules. Furthermore, it is an opportunity to adopt a digital mindset…
