As we approach the end of January, the deadline for self-assessment tax returns looms large for self-employed people and small businesses. This can be a highly stressful time and it can be a cause of headaches for many small business…
The HMRC have a stated ambition to become ‘one of the most digitally advanced tax administrations in the world’. In doing so, they have launched the first phase of their Making Tax Digital scheme, known as MTD. This is set…
The government has faced a huge amount of criticism for announcing that its new Making Tax Digital (MTD) system is to be launched just three days after Brexit. As if the uncertainty surrounding leaving the EU wasn’t bad enough, businesses…
HMRC has published more information on their landmark making tax digital scheme in order to help more businesses and agents understand what is required of them before and after the deadline. This is all in the run up to the…
Although we all know taxes are one of life’s few certainties, most of us still choose to put off dealing with them for as long as possible. Whether it’s because we don’t understand the ins and outs of the income…
Making Tax Digital, or MTD for short, is a part of the government’s plan to make it easier for individuals and businesses to keep accurate tax accounts and stay on top of their business affairs online. The overall aim is…