HMRC updates for sole traders
Sole traders report business and personal tax on one Self Assessment return. Updates here cover allowable expenses, Class 2 and Class 4 National Insurance, VAT registration thresholds and the annual filing cycle.
September 2026
- AnnouncementSelf-employedSole traderLtd director
HMRC releases Self Assessment forms for 2025-26 tax year
HMRC has published the SA100 tax return and guidance for the 2025-26 tax year (6 April 2025 to 5 April 2026).
August 2026
- Guidance updateSelf-employedSole traderLtd director
Apply for certificate of residence to avoid paying tax twice on foreign income
UK tax residents can apply for a certificate of residence to claim tax relief in other countries and avoid double taxation on foreign income.
- AnnouncementSelf-employedSole trader
Sign up for Making Tax Digital for Income Tax - service now available
Sole traders and landlords with income over £50,000 must use Making Tax Digital (MTD) for Income Tax from April 2026.
- Guidance updateSelf-employedSole traderLtd director
How to disagree with HMRC revenue correction notices
HMRC may correct obvious errors or missing information on tax returns and send a revenue correction notice.
- Guidance updateSelf-employedSole traderLtd director
HMRC webinars and videos for self-employed taxpayers
HMRC offers free webinars, videos and email updates to help self-employed people and landlords with Self Assessment, record keeping and Making Tax Digital for.
- Guidance updateSelf-employedSole traderLtd director
HMRC app offers Self Assessment features for mobile users
The HMRC app allows Self Assessment filers to check their Unique Taxpayer Reference (UTR), view tax owed, make payments, set payment reminders, and tell HMRC.
July 2026
- Guidance updateSelf-employedSole trader
HMRC videos and webinars for Making Tax Digital for Income Tax
HMRC has published a collection of videos and webinars to help sole traders and landlords prepare for Making Tax Digital (MTD) for Income Tax, covering.
- DeadlineSelf-employedSole trader
First Making Tax Digital quarterly update deadline is 7 August 2026
Sole traders and landlords earning over £50,000 must submit their first Making Tax Digital (MTD) for Income Tax quarterly update by 7 August 2026.
- Guidance updateSelf-employedSole traderLtd director
HMRC updates list of approved Self Assessment software suppliers
HMRC has updated its guidance on commercial software suppliers that can be used to submit Self Assessment tax returns, supplementary pages and attachments.
- Guidance updateSelf-employedSole traderLtd director
How to submit your tax return using Making Tax Digital for Income Tax
HMRC has updated guidance on completing and submitting Self Assessment returns through Making Tax Digital (MTD) for Income Tax software.
- Rule changeSelf-employedSole traderLtd director
New Capital Gains Tax rules for cryptoasset loans and liquidity pools
HMRC has introduced new rules that defer Capital Gains Tax on certain cryptoasset transactions involving loans and liquidity pools until an economic disposal.