Welcome to SK Tax Ltd
We provide comprehensive accounting services to the self-employed and businesses of all sizes.
Welcome to SK Tax Ltd
We provide comprehensive accounting services to the self-employed and businesses of all sizes.
Making Tax Digital (MTD) for Income Tax
April 2026 marks the mandatory start date for Making Tax Digital (MTD) for Income Tax.
This applies to self-employed individuals and landlords with a qualifying gross income over £50,000. MTD requires affected taxpayers to keep digital records and submit quarterly summaries of income and expenses to HMRC via compatible software, replacing the single annual return.
We can help guide you through the process, keep your records accurate and organise them efficiently. Managing and reviewing how the changes could impact your business can prevent costly surprises in the future.
Filing Accounts Fully Digital by April 2027
From 1 April 2027, all company accounts will need to be filed using commercial filing software.
Companies House will be closing its current web-based and paper filing routes for accounts submissions, you will no longer be able to submit accounts manually or via the Companies House website.
All accounts will need to be filed digitally, using compatible software.
