SDR Accounting & Business Solutions Ltd

I’m still a little bit in shock… 🤍

What started as a little side hustle while I was on maternity leave has just been named Best Independent Accountancy Practice 2026 – Southampton at the SME UK Enterprise Awards! 🏆✨

I honestly couldn’t be more excited, grateful, and humbled to receive this award.

A huge thank you to every single client who took the time to nominate me and provide such kind references. Your support, trust, and encouragement mean more than you’ll ever know. This award is just as much yours as it is mine.

When I started this business, I never imagined it would grow into what it has today. My little accountancy practice simply wouldn’t be here without the incredible people who’ve chosen to support a small local business, and for that I will always be thankful 🙏

Here’s to continuing to help businesses grow and thrive. Thank you all from the bottom of my heart. ❤️

🚨 Making Tax Digital (MTD) for Income Tax is Coming 🚨

HMRC’s new Making Tax Digital (MTD) rules are being introduced to modernise the UK tax system — and many sole traders and landlords will soon be affected.

🗓️ When does it start?

✅ From April 2026
If your total self-employment and/or property income exceeds £50,000 annually.

✅ From April 2027
If your income exceeds £30,000 annually.

✅ From April 2028
If your income exceeds £20,000 annually.

👥 Who does it apply to?

MTD for Income Tax will apply to:
• Sole traders
• Self-employed individuals
• Landlords with rental income

If your qualifying income is above the threshold, you’ll need to comply with the new digital reporting requirements.

📋 What will you need to do?

Under MTD, affected taxpayers will need to:
✔ Keep digital accounting records
✔ Use HMRC-compatible software
✔ Submit quarterly updates to HMRC
✔ File a final year-end declaration

This means moving away from traditional once-a-year tax returns and towards more regular digital reporting.

💡 How can we help?

We can help you:
• Understand whether MTD applies to you
• Set up compliant bookkeeping software
• Manage quarterly submissions
• Stay organised and avoid penalties

If you’re unsure how the new rules will affect you, get in touch today for advice and support.

✉️ [email protected]
📞 07522021966
📍 Fair Oak, Eastleigh

MTD is changing – are you ready?

If you’re a sole trader or landlord, Making Tax Digital means new rules and more reporting.

👉 We make it simple.

✔️ MTD set-up
✔️ Quarterly submissions
✔️ Software help
✔️ Friendly, local accountant

No jargon. No stress. No HMRC surprises.

📩 Message today for a free chat

Making Tax Digital for Income Tax: mistakes to avoid Potential errors you should watch out for when filing your MTD quarterly updates and final declaration.

Day 359 of doing anything but my tax return #tax #hmrc #doublebass

Wishing you all a very merry christmas 🎅 🎄