28/05/2026
Are you aware of the changes coming with Making Tax Digital (MTD) for Income Tax? Many sole traders and landlords are unsure if they need to comply.
Starting 6 April 2026, if your self-employment and property income exceeds £50,000, you must report digitally to HMRC. This means using compatible software to manage your income and expenses.
Ignoring these requirements could lead to penalties and complications with your tax return.
Here’s how Apex Associates can help you navigate MTD:
- Clarify your obligations under MTD
- Assist in selecting the right software for your needs
- Guide you in creating and maintaining digital records
- Support you in submitting quarterly updates and annual returns
Take action now! Reach out to ensure you’re prepared for MTD and avoid any surprises.
👉🏻 Find out more at: https://www.apexassociates.co.uk/.