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HMRC’s Tax Digital Deadline Looms | Leeds News
HMRC’s Making Tax Digital deadline looms — August 7th — forcing self-employed and landlords with over $50K annual turnover to submit quarterly digital returns via approved software. Though 864,000 were expected to join, only 250,000 registered — mostly through accountants — hinting many are still unaware or unprepared. Launched in 2016, the initiative replaces paper records with real-time digital updates, aiming for clearer tax accountability. No penalties this tax year, but starting 2026, a points-based system will apply — accumulate too many, and you’ll pay. Time to register, set up your…
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