Welcome to our MTD Hub - Making Tax Digital (MTD) is the biggest change to UK tax reporting in a generation. From April 2026, sole traders and landlords earning over £50,000 must submit income and expense updates to HMRC quarterly, rather than filing a single annual tax return. The threshold drops further in subsequent years, meaning MTD will eventually affect most self-employed people and property owners across the UK.
For Scottish taxpayers, there is an added layer of complexity - Scotland's six income tax bands mean your software must be set up correctly from the start. At Facts & Figures, we are helping businesses and individuals across Edinburgh and Glasgow get MTD-ready with the right software, the right processes, and the right support. Browse our latest MTD guidance below, or get in touch to arrange a conversation.
For sole traders and limited company directors, bookkeeping is one of those tasks that quietly underpins everything — until suddenly it doesn't. This post covers what good bookkeeping actually looks like, what Making Tax Digital means for your records, and how to find the right level of support for your business.
Making Tax Digital for Income Tax (MTD for ITSA) is now live, and if you’re a sole trader or landlord earning above the threshold, you’ll need to be ready. From April 2026, quarterly submissions to HMRC become a legal requirement - and the way you manage your income and expenses will need to change.
The good news is we’ve built two straight forward packages to make the transition as painless and inexpensive as possible.
From April 2026, Making Tax Digital becomes mandatory for sole traders and landlords earning over £50,000. Here's what Scottish business owners need to know — and why the Scottish tax system adds an extra layer of complexity.
