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Making Tax Digital (MTD) is the government’s long-term plan to modernise the tax system. It aims to make tax reporting more accurate, more efficient and less reliant on manual paperwork. While it can feel overwhelming at first, understanding the basics now will make everything feel much simpler when the rules begin to apply to you. This guide explains what MTD is, who it affects, when it begins and how to prepare in advance. What is Making Tax Digital Making Tax Digital is an initiative by...

For many business owners, Christmas doesn’t arrive with a neat pause button. The emails might slow down, but the mental to do list often doesn’t. There is usually something left to finish, reply to, plan or prepare for January. That can make switching off feel harder than it should. Instead of rest, the end of the year can come with quiet pressure to wrap everything up properly before you are allowed to relax. This year, we've been thinking a lot about that feeling. Why it can feel hard to...

Earlier today, Chancellor Rachel Reeves delivered the Autumn Budget, outlining a number of tax and financial changes over the next few years. We have summarised the key points below to help you understand what is changing and when... Personal tax thresholds The freeze on personal income tax thresholds has been extended for a further three years. Thresholds will remain fixed until the start of the 2030/31 tax year. The thresholds are... • Basic rate threshold - £0 to £50,270 • Higher rate...