Making Tax Digital

Around 51,000 people in Scotland will be required to comply with Making Tax Digital for Income Tax from next month, with the Association of Taxation Technicians (ATT) warning those affected to get ready for the shift. HMRC figures show thousands of landlords and the self-employed in the country will

Marcus Di Rollo discusses the UK's Making Tax Digital (MTD) initiative and what landlords need to know and do to prepare for its rollout from April 2026. Landlords across the UK are preparing for one of the most significant changes to personal tax administration in years. From 6th April 2026, Making

Landlords, sole traders and the self-employed are being urged to prepare for "the death of the traditional tax return" in April. Azets is warning that those with gross income above £50,000 per year will have to comply with a new Making Tax Digital (MTD) regime.

Digital bank Monzo has introduced a new feature allowing sole traders and landlords to file taxes directly to HMRC via their business accounts.

Self-employed people and landlords in Scotland are being urged to act now to avoid a last-minute scramble when major changes to the tax system come into force next year. Tens of thousands of Scots are expected to be among 780,000 people across the UK who must switch to Making Tax Digital for Income

Sole traders and landlords with qualifying income exceeding £50,000 will face a significant change in tax reporting from next year, with the mandatory implementation of Making Tax Digital (MTD) for Self Assessment. Under the new system, affected individuals must maintain digital records using

The Low Incomes Tax Reform Group (LITRG) warns that thousands of businesses are at risk of facing financial penalties if they do not act to comply with the new reporting regime. The warming comes after HMRC has begun automatically signing up VAT-registered businesses to its new Making Tax Digital (M

HMRC has kept its promise to adopt a light-touch approach on the imposition of fines for businesses who have failed to file on time with the shift to the new Making Tax Digital (MTD) system for VAT, according to Saffery Champness LLP. HMRC had not issued any fines for the 120,000 businesse