Landlords and the self-employed could be forced to pay a tax bill monthly in the future.

Labour is consulting with HM Revenue and Customs (HMRC) over plans to get the self-employed and landlords paying tax monthly on income they have not yet earned.

The amount of tax owed each month would be based on the previous year's tax return.

If the proposals go ahead, the monthly tax bill regime would be likely to start from April 2030.

An HMRC spokesperson told This is Money: 'Spreading tax payments more evenly through the year could help taxpayers avoid unexpected lump-sum bills and reduce the risk of falling into tax debt.