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Making Tax Digital (MTD) is one of the biggest changes to the UK tax system in decades — and it’s coming in April 2026.   If you’re self‑employed, a sole trader, freelancer, or in construction and earning over £50,000 a year, this will affect how you manage your tax records from now on. Let’s break it down into simple, useful points so you know what to expect — without the jargon. 1. What is Making Tax Digital (MTD)? Making Tax Digital is the UK government’s plan to move from

The way we work has changed — fast. Meetings, consultations, and collaborations that used to happen in person now often take place on Zoom, Teams, or a quick WhatsApp chat. But with all these digital tools at our fingertips, one question remains: 👉 Is face-to-face interaction still worth it — especially for sole traders? Let’s break it down. 💬 The Rise of Digital: Convenient, Fast, and Flexible For busy sole traders, going digital makes sense. You save time, reduce travel

As a UK sole trader, you're used to doing it all — from delivering great service to managing your books. But when it comes to your accounting support, one size doesn’t fit all. That’s why more and more sole traders are going hybrid — choosing a blend of digital convenience and personal, face-to-face support. At FCBS, we’ve seen firsthand how this flexible approach works best for sole traders across the UK. Here’s why: 1. Flexibility That Matches Your Schedule Running your own

As a sole trader, you're likely juggling a million things — managing clients, chasing invoices, and trying to stay on top of your books. So when tax season rolls around, the last thing you need is to waste time printing papers, booking unnecessary appointments, or digging through receipts. That’s where flexible, digital-first tax support makes a big difference. At FCBS, we help sole traders across Essex, London  and beyond simplify their tax responsibilities with a setup that

As a sole trader, tax season doesn’t have to be stressful. The secret? Staying organized consistently—and yes, you can do it in under 30 minutes a month! Here’s a simple step-by-step routine to help you get your tax documents in order without eating up your time. 1. Set a Monthly Tax Day Pick one day every month (like the last Friday) and block 30 minutes just for tax prep. Treat it like an appointment—no canceling! Tip: Set a recurring reminder on your phone or calendar. 2.

If you’re a sole trader in the UK, 31 January is one date you need to remember. It’s the deadline for submitting your self-assessment tax return to HMRC—and missing it can lead to penalties, stress, and a whole lot of paperwork. As someone who’s been through it before, I know how easy it is to let the weeks slip by, especially when you're busy running your business. But filing early doesn’t just give you peace of mind—it can also help you avoid mistakes, get organised, and ma