MTD Penalties Explained: The New Points System

Making Tax Digital for Income Tax has brought more than just quarterly digital record keeping. It has also brought a completely new way of managing MTD penalties late submission cases. From 6 April 2026, HMRC changed the old automatic fine system for Self Assessment with a points based penalty regime. This is first applicable for […]
This is how Lexarox Accounts connects you to the right experts

At Lexarox Accounts, we believe modern businesses need more than accounting. They need access to a wider financial ecosystem, meaning trusted specialists who can step in at the right time, with the right expertise. Through our collaboration with carefully selected partners across multiple sectors, we provide clients with seamless access to services that support growth, […]