Dec 18, 2025 | Business Start Ups, FAQ, HMRC, Making Tax Digital, MTD Guides, Self-Assessment
The UK’s Making Tax Digital (MTD) initiative is changing how businesses manage and report their finances. For many small and medium-sized enterprises (SMEs), this might feel like yet another layer of admin but with the right support, it could be your chance to...
Nov 3, 2025 | Business Start Ups, FAQ, Guides, Making Tax Digital, MTD Guides, Self-Assessment, Tax
At North Devon Accounts, we know that any tax changes can sound daunting to small business owners. Making Tax Digital (MTD) is one of those phrases that makes people sigh and think “another rule to learn.” But there’s another way to look at it. From April 2026, MTD...
Oct 13, 2025 | Business Start Ups, Making Tax Digital, MTD Guides, Self-Assessment, Tax
If you’re a landlord, a major change is on the way. From April 2026, HMRC will extend Making Tax Digital (MTD) for Income Tax to those with property income over £50,000. At North Devon Accounts, we know tax changes can feel overwhelming, so here’s a clear guide to...
Oct 3, 2025 | Business Start Ups, Making Tax Digital, Self-Assessment, Tax
Important Update HMRC is changing the way many self-employed people and landlords report their income tax. This is called Making Tax Digital for Income Tax (MTD for ITSA). It means that instead of doing just one tax return a year, you’ll need to keep digital records...
Feb 27, 2023 | Business Start Ups, FAQ, Information, Making Tax Digital, Misc, News, QuickBooks, Self-Assessment, Tax, Tips, Vat
Making Tax Digital (MTD) has been on the cards for years now, with businesses already pushed towards dealing with their VAT this way. But plans to extend this for Income Tax Self-Assessment (ITSA) have been put on hold once again until April 6, 2026, eight years later...
Oct 7, 2022 | Business Start Ups, FAQ, Information, Making Tax Digital, News, Vat
HMRC are reminding all businesses who file their VAT returns on a quarterly and monthly basis they will no longer be able to submit them using the existing VAT portal, unless HMRC has agreed they are exempt from MTD. From Tuesday 1st November 2022 they will no longer...