Making Tax Digital (MTD) is the biggest overhaul of the tax filing regime in generations. From 2026 any self-employed business, sole trader or landlord with income of over £50,000 will have to file under the Making Tax Digital Rules and those with income over £30,000 will be mandated from April 2027.
These rules increase the numbers of filings to HMRC from 1, to 5 per year (minimum!) and require taxpayers to undertake Digital Record Keeping – Murray & Henderson will help set you up in an efficient manner to be compliant with the new legislation.
