The 6 April 2026 Survival Guide

The start of the 2026/27 tax year on April 6th marks one of the most significant regulatory shifts in a decade. Between new digital filing mandates and rising employment costs, business owners need to be proactive this week to protect their margins. Here are the four "Big Shifts" you need to prepare for:

The Wage Increase

The National Living Wage rises to £12.71 per hour for those aged 21 and over. If you employ staff, ensure your payroll software is updated before the first April run to avoid compliance issues.

​Making Tax Digital (MTD) Phase 1

If you are a sole trader or landlord with combined income over £50,000, you are now legally required to use MTD-compatible software. Your first quarterly update will be due in August 2026.

​Dividend Tax Hike

Tax on dividends increases by 2% this year (to 10.75% for basic rate and 35.75% for higher rate). If you haven't yet declared your 2025/26 dividends, doing so before April 6th could save you 2% in tax.

​Scottish Business Rates

While many hospitality businesses will benefit from the 15%–25% relief package, others may see increases due to the 2026 revaluation. Check your new rateable value now.