If you are self-employed, a sole trader, freelancer or landlord, you may have received a letter from HMRC about Making Tax Digital (MTD) for Income Tax. Or maybe you’ve already spotted ads featuring an animated yellow radio warning, “There’s no avoiding it, tax is changing”. We’re here to explain what it’s all about. HMRC is highlighting the biggest reform to income tax reporting since Self Assessment launched more than 30 years ago. Starting from April 2026, MTD for Income Tax is...
