Archive for October 2026
SPOTLIGHT ON: Making Tax Digital for Income Tax: Preparing for the April 2027 threshold
Making Tax Digital for Income Tax is a legal requirement to keep digital business records and send HMRC a short online update every three months, rather than relying on one Self Assessment return a year. It has applied since 6 April 2026 to sole traders and landlords with qualifying income over £50,000, and from 6…
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