Latest Blogs

03/02/2026

Keeping digital records for Making Tax Digital

Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) will apply from 6 April 2026 to sole traders and unincorporated landlords with combined trading and property income in 2024/25 of at least £50,000.  

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03/02/2026

Jointly owned properties and MTD

Unincorporated landlords who had combined property and trading income in 2024/25 of £50,000 or more must comply with Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) from 6 April 2026. This requires them to keep digital records and make quarterly returns and a final declaration to HMRC using MTD-compatible software.  

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02/02/2026

Capital gains tax annual exempt amount – use it or lose it!

The 2025/26 tax year comes to an end on 5 April 2026. If you are thinking of selling assets that may realise a gain and have yet to use your 2025/26 capital gains tax annual exempt amount, it may be worth making the disposal before the end of the current tax year.  

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14/01/2026

AI and your accounts: why caution is key

Artificial intelligence (AI) is becoming part of our everyday lives. While the technology has come a long way in recent years, when it comes to your business and personal accounts, it’s important to proceed with care.  

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13/01/2026

Dext Solo: simple, accurate bookkeeping for busy sole traders and landlords

Dext Solo, a smart, streamlined tool designed specifically for sole traders and self‑employed professionals, including those juggling multiple income sources.

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13/01/2026

Xero Simple: HMRC-recognised bookkeeping built for MTD for Income Tax

Xero Simple has been created specifically with MTD for Income Tax in mind — giving you the tools you need to stay organised, accurate, and confident throughout the year.

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13/01/2026

Hammock: the smart financial hub built for landlords and property portfolios

With Making Tax Digital (MTD) for Income Tax rolling out from April 2026 some landlords will soon need to submit quarterly digital updates. Hammock is built with these requirements in mind, making it easier to stay compliant without adding extra admin to your week.

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07/01/2026

What the hike in the dividend tax rate means for personal and family companies

In her tax-raising Budget on 26 November 2025, the Chancellor announced that the dividend ordinary rate and the dividend upper rate are to rise by two percentage points from 6 April 2026. This will affect director/shareholders in personal and family companies who extract profits in the form of dividends.  

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