Making Tax Digital for income tax is now live, affecting all sole traders and landlords in the UK generating over £50,000 turnover for the tax
As we move into a new tax year, it’s time to reflect on any income you might have received during the previous one — and
When a limited company makes a profit in the financial year, its directors have the option to share that profit among their company’s shareholders using
The income tax basis period reform in the UK is a major change to the way that self-employed individuals and partnerships are taxed on their
UPDATED JANUARY 2023 Since our original post, HMRC have again deferred the start date for Making Tax Digital Income Tax Self Assessment. Our original post
The self-assessment deadline for tax returns has passed once again. While the majority of people manage to get it done by 31st January, around 700,000
Worryingly, HM Revenue and Customs (HMRC) received almost 900,000 reports of suspicious contact regarding tax in the last year. For anybody that completes a self
In 2016, 9.2 million people chose to use HMRC’s online self-assessment service to complete their tax return 150,000 more than 2015. This year’s January
Do you have a question about your self-assessment tax return? We’ve put together a list of resources to help you find the information you’re looking
