24/03/2026
https://youtu.be/aOtYrE3qk6E?si=tY5of-6i4XjUhr1h
Massive Tax Changes Coming in 2026 - What You Must Do Now Run a small business and need some help with tax and accounts? ...
Certified UK Bookkeeper (MICB, MAAT) with over 10 years of experince helping small businesses stay financially organised.
24/03/2026
https://youtu.be/aOtYrE3qk6E?si=tY5of-6i4XjUhr1h
Massive Tax Changes Coming in 2026 - What You Must Do Now Run a small business and need some help with tax and accounts? ...
Many sole traders are still not aware that HMRC is changing how income Tax is reported.
Under MTD for Income Tax , self - employed individuals will be required to keep digital records and submit quarterly updates to HMRC, instead of one Self assessment return per year.
For many people this will mean moving form spreadsheets or paper records and using accounting software. Understanding what's changing and preparing early can help avoid unnecessary stress and last minute problems later on.