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	Podcast:		The Ultimate FD Podcast
	Episode:		#196 - Tax Talks - Making Tax Digital (All you need to know)
	Category:		Business
	Duration:		00:32:02
	Publish Date:		2025-11-09 05:00:00
	Description:		In this insightful episode of the Ultimate FD Podcast, Tej and I delve into the world of 'Making Tax Digital' (MTD). This episode is a must-listen for small business owners, landlords, and sole traders in the UK, as it unpacks the new HMRC regulations requiring specific individuals to submit tax reports quarterly. Explore the conversation to get a deep understanding of the implications, processes, and potential advantages of Being organized with MTD. We tackle the pros and cons of the upcoming changes starting April 2026, where landlords and self-employed individuals with substantial incomes will need to shift their tax submission habits. We explore the need for digital modernization by HMRC, the impacts on administrative workload, and how these changes could affect tax accountancy fees and professional relationships. Armed with valuable insights, you will grasp how the MTD initiative is poised to provide better financial clarity and proactive tax management, which could translate into potential savings and efficiency gains. With Tej's expert advice and my relatable anecdotes, we give entrepreneurs actionable strategies to stay compliant, take advantage of professional tax advice, and effectively manage their digital transition.
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