Making Tax Digital for income tax is a key part of the UK government’s plan to create a modern, efficient and fully digital ...

@2024 - All Right Reserved.

There is less than a year to go until sole traders and landlords with an income over £50,000 will be required to use Making Tax Digital (MTD) for Income Tax. The launch on April 6, 2026 marks a ...

We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. HMRC has released new guidance for eligible businesses to apply for an ...

The UK's Making Tax Digital - VAT (MTD-VAT) is set to kick in (for all practical purposes) on 7th August for any VAT registered business with a turnover above £85,000. That's a lot of businesses.

With less than a year to go, sole traders and landlords earning over £50,000 will be required to use the new Making Tax Digital (MTD) for Income Tax from April 6, 2026. This significant change towards ...

Making tax digital (MTD) is a government initiative to remove all the paperwork linked to tax over the next few years. By April 2027, all self-employed workers and landlords earning over £30,000 will ...

HMRC estimates that around 780,000 self-employed individuals and landlords will need to use MTD for Income Tax from April 2026, with an additional 970,000 joining from April 2027. In other news, DWP ...

HMRC has confirmed that it will not provide its own software, leaving taxpayers to find compatible digital tools or work with accountants. With six months until nearly 800,000 self-employed people and ...

UK’s His Majesty's Revenue and Customs (HMRC) expects that 2,916,000 (42%) will need to comply with Making Tax Digital (MTD) for income tax of the 7,020,000 taxpayers with income from self-employment ...

VAT remains at the forefront of the UK tax authority's (HMRC's) Making Tax Digital (MTD) plans, which aim to make HMRC a "world-leading, digital tax authority." The next phase of MTD takes effect this ...