What's changing for sole traders and small companies
The latest Companies House, HMRC and Making Tax Digital changes, explained in plain English by a chartered accountant.
Key dates · Sole traders and companies
Key tax and Companies House dates: October 2026 to February 2027
Every deadline to put in the diary for the next four months.
Companies House · Limited companiesCompanies House ID verification: the 18 November 2026 deadline
Every director must verify their identity. Here's what to do before the transition ends.
Companies House · Limited companiesCompanies House accounts filing changes paused: what it means for small companies
The April 2027 changes to small company accounts won't go ahead on that date.
MTD · Sole traders and landlordsMaking Tax Digital: your next quarterly update is due 7 November
The second quarterly update is due soon. No penalties this year, but you still have to send it.
MTD · Sole traders and landlordsMaking Tax Digital from April 2027: are you over £30,000?
MTD extends to income over £30,000 next April. Six months to get ready.
Payroll · Limited companies with staffCompany cars and health cover: payrolling becomes compulsory from April 2027
P11Ds are being replaced by payroll reporting, starting with cars and medical cover.