Self employed and earn over £50k? A new way to do your Income Tax returns is coming. | HMRC
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Tax is changing in April 2026 for landlords and sole traders with turnover above £50,000. Get ready for Making Tax Digital. | HMRC
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Think Making Tax Digital for Income Tax means more tax returns? Think again. 📒You’ll send quarterly updates of income and expenses to HMRC from recognised software 💻These updates aren’t tax returns 📅You won’t pay four tax bills a year Find out what it means for you and how to prepare: 👇 https://makingtaxdigital.campaign.gov.uk/?&utm_source=f.co_hmrcgovuk&utm_medium=social&utm_campaign=mtd | HMRC
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Worried about the cost of Making Tax Digital? Did you know there are free options available? If you’re a sole trader or landlord and have turnover of more than £50,000, you’ll need to use recognised software to keep digital records of your income and expenses. Find out more about Making Tax Digital and what software’s available: 👇 https://makingtaxdigital.campaign.gov.uk/making-tax-digital-software/?&utm_source=f.co_hmrcgovuk&utm_medium=social&utm_campaign=mtd&utm_content=software | HMRC
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Most Self-Assessment questions can be answered online through our support and guidance pages. Help is available 24/7 through: ✅YouTube videos, ✅webinars, ✅digital assistant and, ✅step-by-step guidance covering different sections of a tax return. File today and pay ahead of the deadline. https://www.gov.uk/log-in-file-self-assessment-tax-return?&utm_source=f.co_hmrcgovuk&utm_medium=social&utm_campaign=self_assessment | HMRC
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