Making Tax Digital Raises the Stakes for 2026
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Looking ahead, pressure is set to increase further as Making Tax Digital becomes mandatory from April 2026. Despite this, nearly half of sole traders reportedly don’t know about the change, and many still rely on spreadsheets or paper records alongside digital tools.
For freelancers considering going it alone, modern accounting software could offer a viable alternative—helping with record-keeping, deadline tracking, and compliance. As Hickey notes, tech-enabled tools may give self-employed workers greater confidence, reduce costs, and remove some of the stress that has pushed many to rethink their reliance on accountants.