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Thousands of businesses unprepared for looming 2026 tax changes
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farminglife.com
Thousands of businesses unprepared for looming 2026 tax changes
Thousands of businesses across the UK are said to be unprepared for tax changes coming in April 2026, prompting experts to urge early action to stay compliant. From next year, sole traders and landlords earning more than £50,000 will be required under Making Tax Digital (MTD) to report income and expenses quarterly using specialist bookkeeping software, as tax returns move fully online. In response, rural business specialist firm, FBR Seed’s boo…
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