10 min read So you missed the 7 August 2026 deadline; you certainly won ‘t be the only one. You’re self-employed and already have enough on your hands with juggling invoices, staff, suppliers chasing you for payment, and somewhere in all that, a Making Tax Digital submission slipped through the net. The first thing to […]
Category Archives: MTD ITSA
10
Jul
Jul
10 min read If you’re a sole trader or landlord earning more than £50,000 a year, Making Tax Digital for Income Tax isn’t something you can schedule for later. HMRC introduced the new rules from 6 April 2026, and if you meet that income threshold from the 24/25 tax year, you’re now legally required to […]
18
Jun
Jun
10 min read Making Tax Digital for Income Tax is no longer something to think about “later.” For many sole traders and landlords across the UK, the changes are already here, and more businesses will be brought into the system over the next few years. From April 2026, sole traders and landlords earning over £50,000 […]
18
May
May
10 min read Making Tax Digital for Income Tax Self-Assessment has changed the way self-employed individuals and landlords report income to HMRC. It is no longer a once-a-year task. Under MTD, you are required to keep digital records and submit quarterly updates throughout the year, followed by a final declaration. The system is more […]
20
Apr
Apr
10 min read Since 6 April 2026, Making Tax Digital for Income Tax has become part of the system. If you’re self-employed or a landlord and your income goes beyond £50,000, you’re now included. For years it was something to prepare for but now it’s something to work with. The key is understanding how […]
18
Nov
Nov
10 min read If you are renting out a property in the UK, it is important to have a clear understanding about whether you need to inform HMRC about your rental income. The good news is that if your property rental gross income over the financial year is under £1,000, then you don’t need to […]
28
May
May
10 min read Making Tax Digital for Income Tax (MTD for IT) is a significant shift in how landlords in the UK will manage their tax obligations. It’s part of the government’s broader initiative to digitise the tax system, aiming to simplify tax management and reduce errors. While the changes might seem daunting, understanding the […]
27
Dec
Dec
10 min read A notable shift is on the horizon for landlords in the UK as they brace themselves for the impending implementation of Making Tax Digital for Income Tax (MTD IT). It aims to revolutionise how tax reporting is conducted, ultimately affecting millions of taxpayers, with landlords being a significant part of this demographic. […]
14
Sep
Sep
The new MTD ITSA guidelines have been complicated for many to grasp fully, even for accountants. To combat this, HMRC has been offering clarifications at intervals and recently hosted a boot camp for landlords and sole traders to answer their questions. For busy landlords, especially those just getting used to the MTD system, we […]
20
Jul
Jul
The UK government is committed to bringing its tax system entirely online through the Making Tax Digital (MTD) initiative. With a phased rollout already underway, it is described by the HMRC as “one of the most digitally advanced tax administrations in the world” that commits to “transform tax administration so that it is easier for […]
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