Over 400,000 landlords and self employed still not signed up to MTD for Income Tax if have £50,000 qualifying income with first quarterly return deadline only two weeks away
HMRC has clarified how to report student loans under new Making Tax Digital (MTD) rules for earners with over £50,000 in qualifying income, including buy to let landlords and self employed, from August
Frozen thresholds are carving out income with nearly 700,000 extra higher rate taxpayers in a single tax year, while top rate payers set to pass one million mark, offficial figures from HMRC show
With less than 30 days until the first HMRC quarterly reporting deadline for Making Tax Digital (MTD) for Income Tax, affected taxpayers are being advised to sign up as soon as possible
HMRC warns landlords and sole traders ‘may incur significant transitional and continuing costs’ when Making Tax Digital threshold is lowered to £20,000
With less two months to go before the first quarterly filing date for wave one of MTD for Income Tax, HMRC creeps up on halfway mark with 375,000 sign ups
In a radical move, HMRC plans to end twice-yearly tax bills for the seven million PAYE taxpayers inside self assessment, with monthly ‘payday’ payments
With the final deadline to register for Making Tax Digital for Income Tax looming, over 110,000 unrepresented landlords and self employed have not signed up, warns LITRG
Only a third of wave one cohort for Making Tax Digital (MTD) for Income Tax have signed up so far. Paul Attridge, partner at Gerald Edelman explains what you need to do before first quarterly reporting deadline on 7 August
Majority of HMRC’s digital services from agent services accounts (ASAs) to Making Tax Digital, some PAYE and VAT affected by major IT maintenance planned for most of weekend
With less than 60 days to go before the first quarterly filing date for wave one of MTD for Income Tax, over 400,000 taxpayers have not even registered
Tax was largely absent from the King’s Speech, but the challenges facing the UK’s tax system are only getting harder to ignore with such a tortured and immense tax code. Katie Close CA, director of tax at ICAS calls for urgent change
With less than three months until the first quarterly filing deadline for Making Tax Digital for Income Tax on 7 August, tax expert Andy Levett, principal at HW Fisher, provides tips and advice on what factors to consider
Following some confusion about exemptions to Making Tax Digital for Income Tax, HMRC updates guidance to clarify situation for those claiming averaging relief in year one waiver