As we move further into the 2026/27 tax year, June is a good time to pause, review, and make sure everything is on track. Several important changes are now live, particularly around Making Tax Digital, payroll, and director tax planning. Below is a straightforward summary of what matters most to you and what (if anything) you should be doing now. June Update Making Tax Digital for Income Tax: Now Live for Some Clients Making Tax Digital for Income Tax Self Assessment (MTD ITS

The introduction of Making Tax Digital for Income Tax Self Assessment (MTD ITSA) from April 2026 marks one of the most significant overhauls to the UK tax system in recent years. Alongside digital record‑keeping and quarterly reporting, HMRC is introducing brand‑new penalty regimes for both late filing and late payment. Penalty Dice And the new rules won’t only apply to digital filers. As confirmed in the 2025 Budget , these penalty regimes will extend to all self assessme