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Showing posts from April, 2026

Making Tax Digital for Landlords: A 2026 Compliance Checklist

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 For most UK landlords, the "January panic" is a well-known ritual. It’s that frantic week of digging out faded receipts, scouring bank statements, and trying to remember exactly what that £400 "maintenance" charge in July was for. However, from April 2026 , that ritual is officially retiring. Under Making Tax Digital for Income Tax Self Assessment (MTD ITSA) , the way you interact with HMRC is moving from an annual event to a digital-first, quarterly routine. If your gross rental income (combined with any self-employment turnover) exceeds £50,000 , your reporting world is about to change. Why is this happening? HMRC’s goal is to reduce the " tax gap "—the billions in revenue lost each year due to simple errors. By moving to digital record-keeping, the government aims to make tax reporting more accurate and closer to "real-time." For landlords, this means better visibility of their cash flow, but it also means a more disciplined approach to boo...

Shopify vs. Amazon FBA Accounting: Key Differences & Software Solutions

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  Shopify vs Amazon FBA: what UK sellers get wrong about their own money Two platforms. Two completely different ways your revenue moves. One HMRC that expects it all accounted for correctly — whether you know the difference or not. Expert guidance from  SKZ Accountants  — specialist accountants in Ilford serving UK e-commerce businesses Contents The gross vs net problem every seller faces Amazon FBA : unpacking the settlement maze Shopify : the fragmented revenue challenge VAT obligations in the 2026   platform by platform MTD : the digital compliance baseline The software stack that keeps you clean How SKZ Accountants help Ilford sellers scale The number your bank shows you is not your revenue This is where most UK online sellers go wrong not through dishonesty, but through a misunderstanding baked into the way both platforms pay out. Whether you sell through Amazon FBA or Shopify, the figure landing in your business's current account is already stripped of fees...