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NEWS FLASH: The work mileage allowance for under 10,000 miles will rise by 10p to 55p backdated to April 2026.

Self-Employed? If you choose the mileage option rather than % running costs you can claim 55p a mile tax on your tax return.

Employed? and use your own car, you can be given up to 55p a mile tax and NI free. And if you're not given that level you can claim the tax back on the difference between what you're given and that amount; For example if you're given 30p per mile, you can reclaim tax paid on your wages for the 25p per mile difference.

Good news for all who use their car for business. Before this update, the main tax-free mileage rate had remained frozen since 2011!

🚨 Making Tax Digital for Self Assessment – Starting April 2026 🚨

From April 2026, major changes are coming for self-employed individuals and landlords under Making Tax Digital (MTD).

Here’s what you need to know 👇

📌 Who is affected?
If you’re self-employed or a landlord with total gross income over £50,000, you’ll need to comply from April 2026.
(Those earning £30,000+ will follow from April 2027.)

📌 Quarterly Updates Required
Instead of one annual tax return, you’ll submit quarterly income and expense updates to HMRC using MTD compatible software.

📌 Digital Record Keeping
You must keep digital records of your business/ rental income and expenses.

📌 End of Period Statement (EOPS)
At the end of the tax year, you’ll confirm and finalise your figures.

Get Ready for MTD – April 2026 Changes Are Coming

As we approach April 2026, important changes under the UK’s Making Tax Digital (MTD) rules are set to take effect. If you're self-employed or a landlord, now is the time to prepare.

Act now: 864,000 sole traders and landlords face new tax rules in two months More than 860,000 sole traders and landlords need to start using digital tax reporting from 6 April.