Category: Digital Accounting
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Making Tax Digital for the Self-Employed: April 2026 Changes What You Need to Know
From April 2026, the way Self-Employed individuals report their income to HM Revenue & Customs (HMRC) will change significantly. This is due to the Making Tax Digital (MTD) for Income Tax initiative, which will apply to you as a Self-Employed person, so it’s crucial to understand both what this means for you and how to…
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The Benefits of Proactive Tax Planning
Nobody likes a surprise tax bill. Whether you’re Self-Employed, a Freelancer or a Business Owner, proactive tax planning can save you money, reduce stress and keep your finances in check. Instead of scrambling to meet deadlines or dealing with last-minute tax shocks, planning ahead ensures that you take full advantage of whatever deductions, allowances and…
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The Impact of Making Tax Digital (MTD) on Your Business
As part of the UK government’s ongoing efforts to modernise the tax system, Making Tax Digital (MTD) has become a critical initiative for businesses of all sizes. While this shift aims to simplify the tax process, it also requires businesses to adopt new technologies and approaches to manage their finances. Here’s what MTD means for…