Keeping Records for Making Tax Digital VAT

Making Tax Digital (MTD) is with us now, and whilst change can be daunting, non-compliance is worse! But donโ€™t worry; once you make the move to online tax itโ€™ll free-up time in your business to do what you do best. So, letโ€™s take a look at the state of play with MTD and what it…

How Does Making Tax Digital Affect Landlords?

Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is going to transform the way landlords and business owners report what they earn to HMRC. Despite the confusing acronyms, itโ€™s vital that business owners and landlords familiarise themselves with Making Tax Digital and what it means for them, so they can be fully compliant…

Making Tax Digital for Income Tax Self Assessment (ITSA)

Making Tax Digital, or MTD, is the government’s plan to improve the way that businesses record and report their tax. The rules are already in place for VAT registered businesses, and from April 2026 will expand to include Self Assessment. The changes mean that self-employed people and landlords earning over ยฃ50,000 a year must be…