06/11/2025
Are you ready for the biggest shake up in tax filing in 30 years? Making Tax Digital starts in April 2026. If you are self employed and have GROSS annual income of £80,000 or more, or if you are a Landlord with GROSS rental income of £80,000 or more, then from next April you must comply with the new MTD regime. This means proving that you keep your accounting records digitally, and that you have a suitable HMRC approved filing mechanism for making quarterly submissions. If you think that this might affect you, and you are not sure what to do next, Ryland & Co can help. You can reach me at [email protected]. It's not too late to sort it out!