The digital bank's free HMRC-recognised tax tool is unveiled ahead of Making Tax Digital changes. Monzo is aiming to make ...

MTD will "shake up" how landlords and self-employed people report their untaxed income to HMRC, said MoneyWeek, with a shift ...

Making Tax Digital for income tax (MTD IT) is a key part of the UK government’s plan to create a modern, efficient and fully ...

Digital records are the foundation stone of Making Tax Digital for income tax (MTD IT). Having the right records in place at the right time is the first ...

From April 2026, if your turnover is above £50,000 from self-employment and property income combined, you will need to use MTD-compatible software to keep digital records for sending HMRC quarterly ...

Completing your next tax return may be the furthest thing from your mind right now. In fact, you’re likely relieved that the 31 January deadline for filing the last one is behind you and you don’t ...

FARMERS operating as sole traders will have an extra year before they need to start using Making Tax Digital (MTD) for Income ...

MTD is rolling out gradually. First up, from April 2026, are those self employed individuals and landlords who earn over ...

The government’s flagship programme to digitise the UK tax system, which was revealed in June 2023 to be costing taxpayers an extra £1.5bn, has been the subject of scrutiny since its inception. What ...

The UK’s tax system is undergoing its most significant transformation in more than 30 years, as HM Revenue and Customs (HMRC) ...

The launch on April 6 will mark a significant and time-saving change for certain people in how to report income to HMRC ...