Regulatory Guidance & Compliance
Making Tax Digital for Income Tax: What SMEs need to do before 6 April 2026
Many regulatory changes apply only to specific sectors. Making Tax Digital for Income Tax (MTD ITSA) is different as it applies directly to founders who operate as sole traders, landlords, or both. Although MTD is a tax initiative, its practical impact is primarily commercial and operational. It affects how records are kept, how founders work with their accountant or bookkeeper, and how much management time is absorbed by compliance throughout the year. In this article, I unpack some frequently asked questions and provide a readiness plan for
