Tax filing in the UK is entering a new era with the introduction of Making Tax Digital (MTD) for Self Assessment. This change aims to simplify tax reporting and improve accuracy by moving from traditional paper-based or manual processes to digital submissions. If you file a Self Assessment tax return, understanding what is changing, who it affects, and what you need to do is crucial to avoid penalties and stay compliant. What is Making Tax Digital for Self Assessment? Making Tax Digital is a...