CEC Accountancy

Making Tax Digital for Income Tax is here. 📢

If your combined turnover from property and self-employment is more than £50,000, you’ll need to start keeping digital records now.

Check if Making Tax Digital applies to you and sign up today. ⬇️

https://makingtaxdigital.campaign.gov.uk/?&utm_source=f.co_hmrcgovuk&utm_medium=social&utm_campaign=mtd

❗Reminder - our fees are changing from 1 February 2026.

We review our fees every year to make sure they’re set at the right level and reflect the cost of delivering our services.

Companies House is phasing in identity verification over 12 months. ✅

From today anyone who becomes a company director or person with significant control (PSC) will need to verify their identity with Companies House.

This change will provide more assurance about who is setting up, running, owning and controlling companies in the UK. 🪪

Read more: https://www.gov.uk/government/news/notice-served-on-bogus-directors-as-companies-house-changes-come-into-force

❗From 1 February 2026, some of our fees will be changing.

We review our fees every year to make sure they’re set at the right level and reflect the cost of delivering our services.

Read more about the fee changes: https://www.gov.uk/government/news/companies-house-fees-are-changing-from-1-february-2026

How do I sign up for MTD for Income Tax? Making Tax Digital for Income Tax is on its way, with a phased rollout beginning April 2026 and a test phase already open.

Landlords: your MTD solution is here Discover how FreeAgent for Landlords simplifies property finances, supports MTD for Income Tax, and helps landlords stay compliant with HMRC rules - while reducing admin and boosting clarity.

Starting April 2026, MTD for Income Tax will transform how sole traders and landlords report income to HMRC. Ensure you're ready by keeping digital records and filing quarterly updates using approved software.

📅 Key Dates:
April 2026: Income > £50,000
April 2027: Income > £30,000
April 2028: Income > £20,000

Prepare now to streamline your tax processes and enhance business insights. For more details please see our website https://www.mmjca.com/making-tax-digital-for-income-tax-april-2025/ or contact the McAleer Jackson team on 028 8225 0253.

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