As the UK embraces a more digital economy in 2026, the Making Tax Digital (MTD) initiative marks a crucial shift for self-employed individuals. This program aims to simplify tax compliance and enhance the accuracy of tax reporting. For sole traders and freelancers, a solid understanding of MTD is essential to comply with HMRC regulations. In this article, we will break down what MTD means for self-employed people, highlight significant deadlines, and provide effective tips fo