Knowledge For Your Growth
Stay updated with expert tips, insights, and the latest updates from Malik AccounTax. Explore our blogs to learn more about taxation, bookkeeping, business growth, and digital transformation.
How Chartered accountant services Can Save Your Business Time, Tax and Stress
Malik AccounTax offers expert chartered accountant services in Edinburgh covering tax planning, cloud accounting, payroll, and HMRC compliance — all delivered online across the UK.
Making Tax Digital (MTD) for Income Tax: What Self-Employed and Landlords Need to Know in 2026
From 6 April 2026, MTD for Income Tax becomes mandatory for self-employed individuals and landlords earning above £50,000 per year, requiring digital record-keeping and quarterly submissions to HMRC via compatible software. The threshold reduces to £30,000 in April 2027 and £20,000 in April 2028, making it essential to prepare early. The traditional single annual return is replaced by quarterly updates, though the 31 January Self Assessment deadline still applies.