MTD for ITSA Changes: Jack Ross Explains
Making Tax Digital for Income Tax Self Assessment Changes MTD for ITSA – Introduction Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) is… Read More »MTD for ITSA Changes: Jack Ross Explains
MTD
Making Tax Digital Small Business Review – ICAEW Opinion Piece
Making Tax Digital Latest News – ICAEW Publishes Reaction The ICAEW has published its take on the government’s Making Tax Digital Small Business Review and… Read More »Making Tax Digital Small Business Review – ICAEW Opinion Piece
Basis period reform – does it impact you? Ask your accountant about the tax year basis changes and how profits are taxed
Understanding the HMRC’s Basis Period Reform: Implications for Barristers Introduction HM Revenue and Customs (HMRC) has introduced a significant reform to the taxation of trading… Read More »Basis period reform – does it impact you? Ask your accountant about the tax year basis changes and how profits are taxed
MTD for ITSA delay
Making Tax Digital for income tax self-assessment (MTD for ITSA) was originally set to roll out in 2018, but the road to personal tax digitalisation… Read More »MTD for ITSA delay
Delays in Making Tax Digital (MTD)
The UK government’s Making Tax Digital (MTD) initiative has been a topic of discussion for many small business owners and self-employed individuals since it was… Read More »Delays in Making Tax Digital (MTD)
HMRC updates MTD guidance
After much anticipation from accountancy bodies and businesses, HMRC has finally updated its guidance on Making Tax Digital (MTD), filling in several blanks. HMRC updated… Read More »HMRC updates MTD guidance
Taxpayers unprepared for Making Tax Digital
People are unprepared and unenthusiastic for Making Tax Digital (MTD), according to a survey commissioned by HMRC. Global market research group Ipsos recently released data… Read More »Taxpayers unprepared for Making Tax Digital
MTD for VAT: VAT-registered businesses
All VAT-registered businesses must comply with Making Tax Digital (MTD) rules, regardless of how much they make each year. This will take place from 1… Read More »MTD for VAT: VAT-registered businesses
New Tax Penalties – MTD for VAT
Last month it was announced that plans for two new penalties regimes would come into effect in January 2023. These were due to be implemented… Read More »New Tax Penalties – MTD for VAT
MTD: Making Tax Digital for income tax
Making Tax Digital for income tax (MTD for ITSA) looks certain to affect sole traders and landlords from April 2024. This is following the recent… Read More »MTD: Making Tax Digital for income tax