Making Tax Digital for Income Tax is on the horizon and scheduled to be implemented from 6 April 2026.
Whilst the date for MTD IT has yet to be confirmed for definite by the Treasury, it is still due to come into play in just under 18 months time. This is going to mean a number of changes for SME's and sole traders in particular.
HMRC has recently published guidance that answers a number of frequently asked questions. Follow the link below to read more.
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