Making Tax Digital explained in plain English, covering who it applies to, what you’ll need to file and the software that keeps you on HMRC’s good side.
If you're a landlord or sole trader and you haven't heard much about Making Tax Digital for Income Tax, that's partly because most of the coverage has been aimed at accountants rather than the people it actually affects. HMRC has…
The United Kingdom’s tax landscape is undergoing a significant transformation with the phased rollout of Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA). This government initiative, which builds on the earlier implementation of MTD for VAT, is set to…
If you're considering selling an asset, such as property, shares, or personal possessions, you might be wondering about Capital Gains Tax (CGT) and whether you'll need to pay it. Here's what you need to know about CGT and how it…
Digitising tax for landlords has been long anticipated, and with April 6th 2023, less than two years away, it is important to ensure that everyone is ready and understands what needs to be done. The 2023 date is the starting…
After months of to-ing and fro-ing, a Withdrawal Agreement was finally put in place and the UK departed from the EU on 1 January 2021 in the final stage of Brexit. While there are still some finer details which…
Studies show that almost half of all small businesses in the UK are unaware of the tax relief and rebates that they can get from the government. That means that if you are a small business, there is a 50%…