Making Tax Digital (MTD) for Income Tax

Making Tax Digital (MTD) for Income Tax is set to begin on 6 April 2026. It will replace the traditional Self-Assessment Tax Return system for self-employed individuals and landlords. The aim is to improve record-keeping and reduce errors by requiring regular updates to HMRC instead of just an annual self-assessment tax return. Who is Affected? HMRC will advise individuals […]

Year-end Tax Planning

Food for thought before 5th April 2025 Have you considered the following: If you would like more information on any of the above, please do not hesitate to contact the office