Making Tax Digital (MTD) is a fundamental change to the administration of the UK tax system. It will affect how businesses and other organisations, agents and individuals maintain their accounting and tax records and how they transact and communicate with HMRC. HMRC’s Making Tax Digital for income tax will commence from 6 April 2026. From that date, sole traders with a turnover of over £50,000 and landlords will be required to report their income and expenses to HMRC quarterly using MTD compliant software.
Accounts, Tax Returns, VAT and Payroll Services