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Making Tax Digital for Income Tax (MTD IT): Will It Affect You and What You Need To Do
From April 2026, HMRC is rolling out Making Tax Digital for Income Tax (MTD IT). If you’re self-employed or a landlord, this might affect you, so here’s a breakdown of what’s changing, who’s affected, and what you need to do.
To check if you're included: Add up your self-employed and rental income (before expenses). This total is your "qualifying income". If the total is over £50,000, you’ll need to comply from April 2026, between £30,000 and £50,000, you’ll join from April 2


Do I need to complete a tax return if my new business is making a loss?
If you've not received any income or are running at a loss, still choosing to file a tax return could be save you tax in the long run.


Are Business Gifts To Clients and Suppliers Tax Deductible?
Wondering if client gifts are tax-deductible? Find out what the rules are and how gifts can boost relationships and brand image!
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