Searches on HMRC’s Making Tax Digital soar ahead of changes impacting taxi drivers and self-employed workers bring in over £50,000
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Preparing for 'Making Tax Digital' for income tax
The government’s Making Tax Digital (MTD) scheme for Income Tax Self-Assessment (ITSA) is set to come into effect next April 2026, and whilst that might seem a while away, sole traders should start planning now to minimise any financial strain. The crux of the initiative is in its name; the government is making all tax reporting and filing a digital process.
Searches on HMRC’s Making Tax Digital soar ahead of changes impacting taxi drivers and self-employed workers bring in over £50,000
Self-employed business owners, which includes taxi and private hire drivers, are increasingly searching for guidance on Making Tax Digital (MTD), as fresh analysis reveals HMRC is struggling to cope with demand for support.The data, compiled by finance specialists RIFT, shows a sharp rise in online searches for MTD since the start of the year. The new rules, which come into force in April 2026, will require digital tax reporting for anyone self-…
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