Making Tax Digital for Income Tax has started, and a lot more of the trade comes into it next April. I thought it was worth a thread to compare notes.
The dates, from GOV.UK:
- Qualifying income over £50,000 in the 2024 to 2025 tax year: you should have started from 6 April 2026.
- Over...
Well, as I'm sure you're aware the new tax year has started so I'm looking to 'streamline' the way I do my accounting.
I'm after software that I can enter income for the month, costs for the month and charges so it will generate invoices automatically.
I think QuickBooks does something like...