Making Tax Digital (MTD) for Income Tax will affect self-employed individuals and property owners from April 2026. With quarterly reporting and digital record-keeping becoming mandatory, understanding your obligations is essential. Our Central London chartered accountants explain what MTD means for personal tax, self-assessment and property income.

The UK property market continues to evolve as higher interest rates, strong rental demand and ongoing tax changes reshape the landscape for landlords and property investors. While rental yields remain attractive in many areas, borrowing costs, higher rates of tax and increasing regulation are affecting the profitability of property portfolios. This article explains the key property market trends affecting UK landlords and highlights the financial and tax considerations investors should review to ensure their property investments remain efficient and sustainable.

Tax year end planning: key allowances to review before 5 April including dividends, capital gains tax and pension annual allowance.

Stay compliant with the new Making Tax Digital rules for income tax from HMRC in the UK. Find out if you need to register, how to submit quarterly updates, and available software options

The Enterprise Investment Scheme (EIS) is a UK government initiative that encourages investment in small, high-risk companies by offering tax incentives to investors.

The Seed Enterprise Investment Scheme (SEIS) offers great tax efficient benefits to investors in return for investment in small and early-stage start-up businesses.

VAT (Value Added Tax) is a consumption tax that is applied to the sale of goods and services. In the UK, businesses that have a taxable turnover above £85,000 (the VAT threshold) must register for VAT with HM Revenue & Customs (HMRC) and then charge VAT on their taxable supplies.

VAT (Value Added Tax) is a consumption tax that is applied to the sale of goods and services. In the UK, businesses that have a taxable turnover above £85,000 (the VAT threshold) must register for VAT with HM Revenue & Customs (HMRC) and then charge VAT on their taxable supplies.

Our advice to businesses on how to navigate FRS 105 and FRS 102: which is best for your business, how to choose and impact to consider for your business

8 solid reasons to consider outsourcing accounting, finance and tax functions in your business - give yourself more time and capacity to focus on the most important things in your business

Our up-to-date guide on how to navigate the complexities of Reverse Charge VAT on EU purchases if you are a small business and don’t want to fall foul of tax law.

‘Payments on account’ are to do with paying your tax bill in the UK via HMRC (typically if you are self-employed). They are advance payments due every January and July and designed to split up your tax bill into more manageable chunks.

Research and Development (R&D) tax relief rules in the UK have changed in 2023. If you’re a business owner or director, we’ve put together a summary of what the R&D tax relief changes are and what you need to know.

Buying a residential property through a limited company in the UK can offer several benefits. Here are some of the key advantages.

IFRS 15 is a bit like a box of jigsaw pieces. Just like putting together a puzzle, IFRS 15 provides the framework that helps businesses piece together their revenue recognition process. It provides a clear set of rules and guidelines for recognising revenue from customer contracts, ensuring consistency and transparency in financial reporting.

Making Tax Digital is a scheme introduced by HMRC that promotes the use of digital accounting systems to maintain accurate business records. In this blog post, we will explore the changes that have already been made, as well as what's next for MTD and how it will impact you.