Making Tax Digital for Income Tax introduces new reporting requirements for many sole traders and landlords. Below are answers to some of the most common questions about MTD, including who it applies to, what records must be kept, and how quarterly reporting works.
If you're new to Making Tax Digital, you may also find our MTD timeline, our short guide to MTD for Income Tax, and our MTD preparation checklist helpful.
Making Tax Digital for Income Tax will change more than how often you file. From 2026, sole traders and landlords will need digital records, regular reviews and a new rhythm of tax compliance.
Thinking of registering for VAT before you hit the £90k threshold? Voluntary VAT registration can help cash flow and boost credibility, but it’s not always the right move. Here’s what UK small businesses need to know before making the call.
eCommerce businesses face various challenges associated with their accounting. What can they do to improve their eCommerce accounting strategy?
