by Rachael Hayes | Mar 18, 2025 | Accounts, Tax
MTD IT - Frequently asked questions What is MTD IT? Making Tax Digital for Income Tax (MTD IT) is part of HMRC’s plan to modernise the tax system. It requires self-employed individuals and landlords to keep digital records of their income and expenses and submit...
by Rachael Hayes | Mar 18, 2025 | Accounts, Business, Tax
MTD IT - What it means for the self-employed. The UK tax system is evolving, and if you’re self-employed or a landlord, these changes could significantly impact how you manage your finances. Making Tax Digital for Income Tax Self-Assessment (MTD IT) is set to...