Register to get free articles
Want unlimited access? View Plans
Already have an account? Sign in
Azets is to recruit 20 new staff members at its Swansea office following the implementation of new HMRC tax regulations.
The move expands the firm’s local headcount to 50 as it becomes a specialised hub for Making Tax Digital (MTD) compliance.
The recruitment drive follows the April 2026 roll-out of MTD for income tax, which now requires sole traders and landlords with gross incomes above £50,000 to maintain digital records.
The mandate will extend to those earning more than £30,000 in April 2027, and to those above £20,000 from April 2028.
The firm relocated to a larger facility at Enterprise Park in 2025 to accommodate growth.
According to Office for National Statistics data from March 2025, there are 105,000 businesses in Wales, representing 3.8% of the UK total.
Chris Jenkins, office managing partner at Azets, said: “Our Swansea office is becoming an MTD hub for businesses and individuals as we support them with the HMRC compliance regime.
“A recent online poll of business in the UK by Azets showed that most companies are not prepared for MTD, even though it is an operational reality from now for those with qualifying income of above £50,000.”
Richard Goddard, regional managing director at Azets, added: “MTD is the most significant overhaul of the tax system since the introduction of self-assessment decades ago.
“It is clear from the Azets poll, and what we are hearing on the ground, that a lot of people, such as landlords and trades, will require professional support in completing compliant returns.”
