Important updates to Making Tax Digital and late payment rates you might have missed in the Spring Statement
This week’s Spring Statement brought two announcements that will matter to anyone running their own business or earning income from property.
What should you avoid when transitioning to Making Tax Digital for Income Tax Self-Assessment?
From April 2026, the Government’s Making Tax Digital (MTD) initiative will move to target self-employed individuals and landlords.
How to use the new HMRC app for your tax returns
For small businesses navigating the Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) initiative, tax returns can be complex.
Penalties for businesses failing to comply with Making Tax Digital
Are you signed up to Making Tax Digital for VAT? Failure to do so will result in penalties from 1 November 2022, HRMC has confirmed.
