12/02/2026
From April 2026, over 860,000 sole traders and landlords will be required to follow new digital tax reporting rules under Making Tax Digital for Income Tax.
If you earn over £50,000 from self-employment and/or property income, this will apply to you.
The move to quarterly digital reporting might sound like a big shift, but with the right preparation and software in place, it can actually make managing your tax position more straightforward and give you better visibility throughout the year.
In our latest article, we break down:
• What’s changing
• Who needs to act now
• How the quarterly updates will work
• Why early preparation matters
• How software can support the transition
April 2026 may feel a long way off, but getting set up properly takes time. Acting early will help you avoid unnecessary stress and potential penalties.
Read the full article to see what you need to do and how to prepare:
https://www.stylesandassociates.co.uk/post/prepare-for-digital-tax-reporting-by-april-2026