The UK government is rolling out Making Tax Digital (MTD) to modernise the tax system. By moving away from paper records and annual tax returns, HMRC aims to make tax reporting more accurate and efficient. Who Does It Apply To?From April 2026, MTD for Income Tax Self Assessment (ITSA) will apply to self-employed people and […]
Being self-employed in the UK means you manage your own finances — including paying tax and National Insurance. Unlike employees, who have PAYE deductions made automatically, self-employed individuals must register with HMRC, track income, and complete an annual Self Assessment. Understanding how much you owe and when to pay is essential to staying compliant. Income […]