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Making Tax Digital

August 9th, 2023

What is Making Tax Digital? Making Tax Digital (MTD) changes the way businesses report financial information to the UK tax authority, HM Revenue & Customs (HMRC). MTD is the government’s key strategy to transform tax administration so that it is more effective, more efficient and easier for taxpayers. HMRC started to digitalise the UK tax […]

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HMRC faces 460k requests for income tax refunds

December 29th, 2019

Around 460,000 people chased HMRC for refunds on overpaid income tax in the 2018/2019 tax year.

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New Rules for ‘Off Payroll’ Working

July 29th, 2019

From 6 April 2020, new tax rules are proposed for individuals who provide their personal services via an ‘intermediary’ to a medium or large business.

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Spring Statement 2019

March 14th, 2019

  Philip Hammond presented his (Brexit affected and short) Spring Statement on Wednesday 13 March 2019. So what exactly did the Chancellor say, and more importantly, what did it actually mean?   

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Self Assessment Deadline 31 January 2019 – £100 Penalty

January 23rd, 2019

For many, January is a tough month financially especially if you were paid early before Christmas. Don’t make matters worse by missing the self-assessment deadline on the 31st January. Avoid the £100 penalty and make sure you submit your tax return on time

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