Posts Tagged Making Tax Digital

As we move into spring and edge closer to April 2026, the upcoming changes under Making Tax Digital for Income Tax are becoming increasingly important for individuals with trading or property income.

From April 2026, the way many sole traders and landlords report their income to HMRC will undergo a major transformation.

Basis Period Reform:
Will it affect your business?

Yesterday, Chancellor Jeremy Hunt delivered his Autumn Statement. We have sifted through the details and hope the following highlights, which we feel will be the most significant to our clients, will be helpful.

The old online Government Gateway Account for the submission of monthly and quarterly VAT returns is closing. Make sure you avoid penalties for non-compliance.

Should a business voluntarily register for Value Added Tax (VAT)? Whether it is beneficial for your business will depend on a range of factors.

Don't be caught out. If your business is VAT registered you must submit your VAT returns digitally, even if you are below the VAT threshold. Find out more

1 April 2022 is the date when Making Tax Digital (MTD) becomes mandatory for all VAT registered businesses. Find out what you need to do.

If you have already already signed up for Making Tax Digital (MTD) you need not take further action. However,…

It’s been almost 2 years since HMRC introduced the first phase of Making Tax Digital (MTD) for VAT registered…