by Mishka Du Toit | May 2, 2025 | Tax and Business Updates
Making Tax Digital for Income Tax (MTD for IT): What You Need to Know MTD for Income Tax is coming – starting 6 April 2026, HMRC will require certain individuals to comply with new digital tax reporting rules. Here’s a breakdown of the key facts for...
by Mishka Du Toit | Apr 29, 2025 | Self-Employed
Small businesses in the UK are embracing artificial intelligence (AI) tools at an accelerating pace, using them to streamline operations, boost productivity, and drive growth. Recent research from Professor Ross Brown at the University of St Andrews Business School...
by Mishka Du Toit | Apr 29, 2025 | Property Landlords, Self-Employed
If you’re a sole trader or landlord in the UK with an annual income over £50,000, big changes are on the horizon. From 6 April 2026, you may be required to keep digital business records and submit quarterly updates to HM Revenue and Customs (HMRC) under the new...
by Mishka Du Toit | Apr 14, 2025 | Self-Employed
The ongoing rise in US tariffs is sending shockwaves through global markets, escalating trade tensions and triggering widespread economic uncertainty. Even if your UK-based business doesn’t directly trade with the US, the ripple effects of these tariff hikes can still...
by Mishka Du Toit | Apr 7, 2025 | Tax Charges
From 7 April 2025, families across the UK will receive a welcome boost to their Child Benefit payments. HM Revenue and Customs (HMRC) has announced an increase in weekly Child Benefit rates, rising to £26.05 for the eldest or only child and £17.25 for each additional...