27/10/2026
If you've got a folder (or, to be honest, a carrier bag) of receipts you keep meaning to sort, this one's for you.
HMRC has been nudging sole traders and landlords this week. If your income from self-employment or property was over £50,000 in 2024/25, your second Making Tax Digital quarterly update is due by 7 November.
The good news? There's a grace period this tax year, so no penalty points for a late update. You do still need to keep digital records, and everything has to be in before your annual return.
And the threshold drops to £30,000 next April. That's a lot more coaches, consultants and trainers suddenly doing quarterly admin.
I think the hardest part is the steady drip of receipts, invoices and bank lines that need tidying before anyone can press send. Twenty minutes a week beats a lost Sunday in early November, every time.
If your records live in three apps and an inbox, I'm happy to help you build a routine that doesn't eat your weekend.
Which are you: weekly tidier or last-minute sprinter?