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Taxi drivers paying EXTRA £200 a year to cover new accounting costs associated with new HMRC Making Tax Digital rules
Summary by TaxiPoint Taxi News | UK | Black Cabs
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Taxi drivers paying EXTRA £200 a year to cover new accounting costs associated with new HMRC Making Tax Digital rules
Taxi drivers and other sole traders preparing for the introduction of Making Tax Digital (MTD) for Income Tax are increasingly examining the real cost of compliance, with software subscriptions and associated expenses becoming a key concern ahead of the April 2026 deadline. Under the new rules set by HM Revenue & Customs, affected drivers will be required to keep digital records and submit quarterly updates using compatible software. While the s…
·United Kingdom
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