Could you be exempt from Making Tax Digital (MTD)? Know who qualifies and how to apply
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.
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.
The deadline for submitting an online Self-Assessment tax return is now only two months away, and many self-employed workers, sole traders and landlords will be turning their attention to their…
The way self-employed individuals, sole traders and landlords submit information to HM Revenue and Customs (HMRC) will be changing very soon as Making Tax Digital (MTD) for Income Tax takes…
HMRC has been working hard to modernise the current tax system to ensure it is functioning efficiently and effectively.
A big change is coming for anyone earning income through self-employment or rental property. From April 2026, if your earnings exceed £50,000, you will be required to comply with the…
If you’re self-employed and earning more than £20,000 a year, Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) will fundamentally alter how you report to HM Revenue &…