
News and Updates
Staying on top of changes — so you don’t have to
The world of tax, payroll, and compliance changes constantly. Our News & Updates page is where we share important developments, reminders, and practical guidance that may affect you or your business.
We focus on what actually matters, explain it in plain English, and tell you what (if anything) you need to do next.
Check back regularly or follow us on social media for the latest updates.
Featured Updates
Making Tax Digital for Income Tax – What’s Changing from April 2026
From April 2026, major changes are coming for sole traders and landlords as part of the government’s Making Tax Digital for Income Tax (MTD ITSA) programme.
If your gross self-employed and/or property income exceeds £50,000, you will be required to:
-
Keep digital records
-
Submit quarterly updates to HMRC using compatible software
-
Complete an end-of-year final declaration instead of a traditional Self Assessment return
-
Quarterly updates do not mean quarterly tax payments, but they do mean more regular reporting.
📌 We are already supporting clients in preparing for MTD — including software setup, training, and ongoing quarterly submissions.
👉 Not sure if this applies to you? Get in touch for a quick review.
CIS Subcontractors: Quarterly Reporting Is Coming
Self-employed subcontractors working under the Construction Industry Scheme (CIS) are not exempt from Making Tax Digital.
If your gross CIS income (before deductions) exceeds the threshold:
-
CIS income still counts towards MTD
-
CIS tax deducted will continue to be offset against your final tax bill
-
Reporting will move to a quarterly digital basis from April 2026
The good news? CIS deductions will still work the same way — they’re just reported differently.
💡 Good record keeping now will make this transition far smoother.
Self Assessment Deadlines – Don’t Leave It Late
The 31 January deadline remains one of the most important dates in the tax calendar.
This deadline covers:
-
Submission of Self Assessment tax returns
-
Payment of income tax and Class 4 NIC
-
First payment on account (where applicable)
Late submissions can result in automatic penalties, even if no tax is due.
⏰ If you’re self-employed, a landlord, or a company director — early preparation avoids stress and surprises.