Making Tax Digital for Income Tax will extend to sole traders and landlords earning more than £30,000 from 6 April 2027.Customers who sign up early have more time to choose compatible software and prepare in their own time.
There are just six months to go until sole traders and landlords with a turnover of more than £30,000 will be required to use Making Tax Digital (MTD) for Income Tax.
HM
A new excise duty on vaping products has come into force in the UK today (1 October 2026) to reduce the affordability and appeal of vaping, especially to young people and non-smokers.
A British businessman has been jailed for 16 years after brokering illegal deals involving fighter jets and weapons destined for war zones including Sudan, South Sudan and Libya. David Greenhalgh, 68, of Croydon, south London, helped broker the supply of ex-Soviet jets, surface-to-air missile systems, anti-tank missiles, thousands of assault rifles and other controlled goods between 2009 & 2016.
Almost 3 million accounts held by 18 to 24 year-olds have either been claimed or transferred into an Individual Savings Account, HM Revenue and Customs (HMRC) reveals as it encourages the thousands who don’t know where their savings are to find them today.
Businesses registered for the Trader Support Service (TSS) need to prepare to move to the new platform before 20 October to ensure they can continue moving goods between Great Britain and Northern Ireland.
With more than £300 million having been paid out in bonus payments, and thousands more people set to be eligible for an account through the Help to Save scheme, HM Revenue and Customs (HMRC) is kicking off UK Savings Week by reminding people who can benefit.
Almost 7 million adults could be missing out on information to help prepare them for their retirement.
