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In April 2026, Making Tax Digital for Income Tax (MTD for IT) will be introduced, and its set to shake up the record keeping, reporting and tax requirements for self-employed people and landlords. The next phase of Making Tax Digital is coming.
Double-check payroll reportings Review key reports like the P32, P11s, Gross to Net, and Account Transactions to ensure your posted pay runs are reconciled. If you’re in the construction industry, don’t forget to review and reconcile your Construction Industry Scheme (CIS) Suffered report for the tax year.
trillion dollar mark” in the middle of 2026. You’ll also have a much easier time reconciling spend with statements at the end of each month since you’ll have access to all the related data. As business travel returns to pre-pandemic levels, now is a great time to take a close look at your company’s T&E management.
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