Making Tax Digital for Freelancers: Keeping on Top of Your Records

Making Tax Digital for Freelancers: Keeping on Top of Your Records

If you are a freelancer working as a sole trader, making tax digital for freelancers is mainly about one thing: keeping reliable digital records all year round so tax reporting becomes easier, more accurate and less stressful. For many people, the biggest challenge is...
Making Tax Digital for Tradespeople and Small Contractors

Making Tax Digital for Tradespeople and Small Contractors

If you are a tradesperson or small contractor, Making Tax Digital is no longer something to file away for later. For many sole traders, it starts from 6 April 2026. In plain terms, that means keeping digital records and sending updates to HMRC through compatible...
Making Tax Digital Exemptions: When Might You Be Exempt?

Making Tax Digital Exemptions: When Might You Be Exempt?

If you are wondering whether you can avoid joining Making Tax Digital for Income Tax, the short answer is: possibly, but only in specific circumstances. HMRC says there are automatic exemptions and exemptions you must apply for. For many sole traders and landlords,...
Making Tax Digital for VAT vs Income Tax: What Is Different?

Making Tax Digital for VAT vs Income Tax: What Is Different?

If you are comparing making tax digital for vat vs income tax, the short answer is this: they are two separate HMRC regimes with different audiences, different reporting processes and different practical demands. MTD for VAT is built around VAT record keeping and VAT...
A Making Tax Digital Preparation Checklist for Sole Traders

A Making Tax Digital Preparation Checklist for Sole Traders

If you are a sole trader and you want a clear starting point, this is the short answer: your making tax digital preparation checklist should cover whether the rules apply to you, what records you need to keep digitally, which software you will use and who will...