Many landlords across the UK are starting to hear more about Making Tax Digital (MTD) and how it may affect the way rental income is reported.
Making Tax Digital (MTD) will require the more lucrative rentiers to maintain digital records and provide updates to HMRC on a more frequent basis than just on the traditional annual returns.
For many landlords this will mean:
• Keeping digital records of income and expenses
• Quarterly updates to HMRC
• Tracking property related costs more carefully
• Using suitable accounting software
Although April 2026 may still seem some time away, many landlords are already starting to review how their records are kept so the transition is smoother when the rules apply.
At MHC & Co Chartered Accountants, we speak with landlords from different parts of the UK who want to understand what these changes might mean in practice.
If your rental income is around or above £50,000, it may be sensible to review your current record-keeping and see whether any adjustments might be needed.
📞 0333 789 1010
📧 infomhcandco coo.co.uk
🌐 www.mhcandco.co.uk
📍 54 Gloucester Road North, Bristol BS7 0SJ, United Kingdom
Speak to a Chartered Accountant today.
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Many taxi and delivery drivers across the UK are starting to receive letters from HMRC about their income.
Over time HMRC has gained greater access to information from platforms such as Uber, Bolt and Deliveroo, as well as card payments and other digital records. As a result, the figures reported through these systems are increasingly being compared with what is declared on self-assessment tax returns.
A letter from HMRC does not necessarily mean that anything is wrong. Quite often it is simply a request for clarification or confirmation of income. That said, it’s not something that should be ignored. Dealing with it early usually makes the process much simpler.
For drivers who are self-employed, keeping accurate records of platform earnings, bank payments and any cash income is important.
At MHC & Co Chartered Accountants, we regularly assist drivers throughout the UK with HMRC correspondence, self-assessment returns and reviewing reported income from ride-hailing and delivery platforms.
In case you have received a letter and do not know what to do, you may find an explanation on what to do by talking to an accountant.
📞 0333 789 1010
📧 infomhcandco coo.co.uk
🌐 www.mhcandco.co.uk
📍 54 Gloucester Road North, Bristol BS7 0SJ, United Kingdom
📞 Speak to a Chartered Accountant today.
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#hmrc
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#accountantuk

Is your VAT setup quietly draining your profits?
Many UK businesses overpay VAT simply because their structure isn’t optimised for their industry.
Flat Rate Scheme?
Standard VAT?
Partial exemption rules?
The wrong setup could be costing you thousands every year.
At MHC & Co – Chartered Accountants, we review your VAT position, identify hidden leaks in your cash flow, and make sure you’re not paying more than necessary — while staying fully HMRC compliant.
Book your 15-minute VAT audit today.
📩 Stop overpaying. Start optimising.
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You didn’t start your business to become a part-time bookkeeper.
Late nights.
Weekend paperwork.
Worrying about tax deadlines and HMRC letters.
It doesn’t have to be that way.
At MHC & Co – Chartered Accountants, we handle your tax deadlines, compliance, payroll, VAT and company accounts — so you can focus on growing your business, not managing spreadsheets.
✔ No stress about deadlines
✔ No panic over HMRC letters
✔ More time to run your business
Let’s get your weekends back.
📩 Book your free consultation today.
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Running a small business shouldn’t mean handling everything on your own.

At MHC & Co – Chartered Accountants, we support small businesses across Bristol and the UK with clear advice, organised systems, and dependable financial support.

From self-assessment and limited company accounts to payroll, VAT and HMRC compliance, we keep your finances straightforward and stress-free — so you can focus on running your business.

One accountant. Complete support. No unnecessary complexity.

📩 Book your free consultation today.

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