Preparing for MTD for ITSA from April 2026 The UK tax system is undergoing one of its biggest transformations in decades. From 6 April 2026 , HM Revenue & Customs (HMRC) will begin mandating Making Tax Digital for Income Tax Self Assessment (MTD for ITSA)  for eligible taxpayers. If you are a sole trader or landlord , these changes may apply to you sooner than you think. Here’s what you need to know. What Is Making Tax Digital for ITSA? Making Tax Digital (MTD) is HMRC’s init

What the Autumn Budget 2025 Means for UK Taxpayers What the Autumn Budget 2025 Means for UK Taxpayers The UK Autumn Budget 2025 introduced a sweeping set of tax reforms affecting earners, savers, investors, landlords, and homeowners. Whether you’re planning your finances or preparing your business for the next few years, understanding these changes and when they take effect is essential. Key Tax Changes & When They Take Effect (Autumn Budget 2025) Income Tax & National Insura

Cash record In the UK, accurate record-keeping is more than just good practice—it’s a legal requirement . Whether you’re a sole trader,...

Happy Managers Managing payroll is a critical responsibility for any business, yet it can often be time-consuming, complex, and prone to costly errors if not handled correctly. At Ideal Accountancy , we provide a comprehensive and bespoke payroll service  that ensures accuracy, compliance, and peace of mind for employers across Swindon and beyond. Why Outsource Payroll? Payroll involves far more than simply issuing payslips. Employers must account for tax deductions, pension

Freelancers and Contractors The IR35 legislation has been a subject of controversy and confusion for contractors and businesses alike...

Mandatory Identity Verification (IDV) Upcoming Changes to Companies House: Mandatory Identity Verification The UK government is...