Date archives: May 29, 2026

Making Tax Digital for income tax (MTD IT) is now mandatory for many sole traders and landlords from the 6 April 2026. It requires you to keep digital records and send quarterly updates four times a year to HMRC from compatible software. Who does it affect? From 6 April 2026You...

Chancellor Rachel Reeves has announced an increase in approved mileage rates for the 2026 – 2027 tax year. For the first time since 2011, you can now claim 55p for the first 10,000 miles, an increase in 10p per mile. If you drive your own car (not a company car)...