Rachel Reeves’s tax shake-up: time to plan ahead, from Isas to self-assessment

The Making Tax Digital shake-up is a new way for sole traders and landlords to report their income. Photograph: Piotr Adamowicz/Alamy

Millions of people will be affected by a range of savings, investment and tax changes that take effect in just under a year’s time.

“April 2027 may feel some way off, but when it comes to financial planning, a year is not a long time,” says Jason Hollands at the wealth management firm Evelyn Partners.