Making Tax Digital for Income Tax is moving fast, but many taxpayers are still not ready
For sole traders and landlords, Making Tax Digital for Income Tax is no longer a distant deadline.
For sole traders and landlords, Making Tax Digital for Income Tax is no longer a distant deadline.
You may have spotted it already. More adverts for accounting apps on television, more mentions of digital tax online and more noise around record keeping.
The first phase for Making Tax Digital (MTD) for Income Tax is nearly upon us and you must know whether these rules apply to you.
With the Self-Assessment deadline just over a week away, failing to pay your tax bill on time can quickly lead to penalties and interest charges.
We hope that you have succeeded so far in sticking with your New Year’s resolutions and that being more efficient with tax filings is on the list.
If your business provides company cars or vans with fuel for private use, there is another cost increase on the horizon.