As a self-employed individual, managing your finances can often feel overwhelming, but with the right support, it doesn’t have to be. Our expert accounting services are tailored specifically for freelancers, contractors, and small business owners, helping you stay on top of your tax obligations, maximise deductions, and ensure compliance with the latest tax rules.     

Making Tax Digital for Income Tax: What You Need to Know

Starting from 6 April 2026, the government is rolling out Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA). This initiative requires sole traders and landlords with annual income exceeding £50,000 to maintain digital records and submit quarterly updates to HM Revenue & Customs (HMRC).

Under MTD, you'll need to keep digital records and submit quarterly updates to HMRC using compatible software. We recommend using Xero, a cloud accounting platform, to stay compliant and make the process as smooth as possible.

Get in touch with us today to discuss how we can help you meet your obligations and prepare for the changes ahead.