Gooding Accounts
Holloway House
Epsom Square
White Horse Business Park
Trowbridge
BA14 0XG
Making Tax Digital (changes to the way your tax return is submitted) represents the biggest change for income tax since Self Assessment was launched more than 30 years ago. Our personal tax team have been busy preparing for the changes to the way Income Tax Self Assessments are submitted to be enable them to offer you the very best advice – ensuring you’re ready for the changes ahead of time.
If your total turnover as a sole trader, from UK or overseas property, or through self-employment is more than £50,000 you should have already received a letter from HMRC if you are affected by the change. Even if you’re not affected this time, it’s important to remember that from April 2027 HMRC will be extending Making Tax Digital to even more taxpayers, with a further expansion in April 2028.
You can use our quick survey to find out if you will be affected by the changes.
To help our clients and all local business owners understand the mandatory changes that are coming from April 2026 we’re hosting a free-to-attend seminar. Experienced tax professional and Chartered Accountant, Danielle, will provide an overview of Making Tax Digital for Income Tax and offer advice on next steps to ensure you’re ready to comply before April 2026. Festive treats are included and there’ll be a chance to ask any questions you may have plus an opportunity to network with fellow small business owners.
If you’re already a client of Gooding Accounts our admin support team will be on hand following the seminar to book you a follow up appointment with your client manager. During your follow up meeting you’ll be provided with a clear and detailed plan of what you need to do next to ensure you’re ready to comply well ahead of the April deadline.
To secure your place simply register online and join us on Wednesday 3rd December.
Our friendly and helpful approach to accountancy, ensures that you understand and are in tune with your finances. Our committed team will communicate with you every step of the way so that you understand the position of your financial affairs – get in touch today.
