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
One week since Making Tax Digital for Income Tax became mandatory, HMRC confirms 250,000 signed up but mostly accountants and agents, not individual landlords and self employed
Increase in tax on dividends, directors’ loan interest rate rise, business asset disposal relief hike, frozen thresholds, inheritance tax for farmers and family businesses, Making Tax Digital starts, CIS, and more
Latest figures from HMRC show 21% of taxpayers registered for MTD for Income Tax with nearly 700,000 not yet signed up and low numbers of individual taxpayers
With days until Making Tax Digital for Income Tax goes live for £50,000 plus landlords and self employed, HMRC clarifies exit options and cessation process