Making Tax Digital for Income Tax is being phased in from April 2026. It applies to sole traders and landlords, with start dates determined by their level of qualifying income.
Many businesses use Time to Pay (TTP) arrangements with HM Revenue and Customs to manage tax liabilities during periods of cash flow pressure. While these plans can be extremely helpful, there is an important condition to be aware of that can have a real impact on business finances.
This Cyber Scotland Week, Armstrong Watson is urging businesses across the country to strengthen their cyber resilience as AI-enabled threats grow in speed and sophistication.
The current law on wills dates back to the Wills Act 1837, and in today’s world of digital communication, longer life expectancy, and increasingly complex family structures, these long-standing rules can feel a bit out of step.
Armstrong Watson is delighted to announce the appointment of Mark Sudworth as Business Services Director in its expanding Manchester office - further strengthening the firm’s ambitions in Greater Manchester and marking the latest step in its continued growth.
Both small and large organisations are vulnerable to cyber-attacks, which can lead to financial losses, reputational damage, and legal repercussions and in today’s digital world, cyber security is no longer a luxury—it's a necessity.
From April 2026, Making Tax Digital (MTD) for Income Tax Self-Assessment will change the way many businesses and landlords keep and submit their tax records. One of the key requirements is maintaining digital records.
Armstrong Watson has expanded its offering with the launch of two specialist propositions - a Financial Reporting Team and a Fractional FD/CFO Service. Together, these enhanced services provide clients with deeper technical reporting expertise and flexible, senior finance leadership.
The Government’s phased introduction of Making Tax Digital (MTD) for Income Tax Self Assessment begins in April 2026 and initially applies to self-employed individuals and landlords with an income of more than £50,000.
From April 2026, qualifying sole traders and landlords must use HMRC-approved software to comply with Making Tax Digital (MTD) for Income Tax. It is therefore important to ensure you have the right software for your needs that is compatible with MTD.