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flag UK's HMRC launches digital tax record mandate for high-earning sole traders and landlords in April 2026.

flag The UK's HMRC is implementing the Making Tax Digital (MTD) for Income Tax scheme starting April 6, 2026, requiring sole traders and landlords with incomes over £50,000 to keep digital records. flag This aims to streamline tax reporting, reduce errors, and save time. flag The requirement will phase in, with lower income thresholds being included in subsequent years, starting from £30,000 in 2027 and £20,000 in 2028.

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