TAS Accountancy

Future You vs HMRC. Who wins in 2026?

📢 Making Tax Digital (MTD) is coming!

Starting 6 April 2026, MTD will apply to sole traders and landlords with income over £50,000. If your income is over £30,000, you’ll need to comply from April 2027.

✅ You’ll need to keep digital records using HMRC-compatible software—no more paper or Excel sheets!

📤 Submit quarterly updates and a final declaration through your software.

⚠️ Penalties apply if you miss deadlines or fail to keep proper digital records.

Each missed submission earns a point, and after 4 points, you’ll face a £200 fine for every additional late submission.

💡 Need help getting ready?

We’re here to guide you through the transition and make sure you stay compliant.

📞 Get in touch today to future-proof your tax process!

https://tasaccountancy.co.uk

📣 Attention UK Company Directors!
Big changes are coming — and it’s time to get ahead of them. Starting 18 November 2025, all company directors will be required to verify their identity with Companies House. ✅
Why does this matter? Just look at what’s happening now:
👉 Over 11,500 UK companies have already been struck off the register following a major crackdown by the National Crime Agency.
🔗 https://www.nationalcrimeagency.gov.uk/news/11-500-uk-companies-struck-off-companies-house-register-after-crackdown
This new identity check is part of a wider effort to clean up UK business practices and prevent fraud. If you're a director, make sure you're ready — staying compliant protects your business and your reputation.
📌 Don’t wait until the deadline. Start preparing now and stay ahead of the curve.
For more information and get in touch:
https://tasaccountancy.co.uk/identity-verification

TAS Accountancy Professional bookkeeping and tax services for your business in the UK.