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 ...

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 new system allows taxpayers to record income, expenses and submit returns using software ...

The government’s flagship programme to digitise the UK tax system, which was revealed in June 2023 to be costing taxpayers an extra £1.5bn, has been the subject of scrutiny since its inception. What ...

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 ...

MPs on the Public Accounts Committee (PAC) have little faith in HM Revenue and Customs’ (HMRC) Making Tax Digital (MTD) programme being delivered on time, and slam the department for failing to be ...

HM Revenue and Customs (HMRC) has sent out over 200,000 letters to people who will be impacted by changes to the tax system next year. There are just over three months to go until sole traders and ...

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There are less than 100 days to go until new tax reporting measures come into force. The launch on April 6, 2026 will mark a significant and time-saving change for certain people in how to report ...