News

HMRC estimates that around 780,000 self-employed individuals and landlords will need to use MTD for Income Tax from April 6, ...
Households across the UK will be getting tax refund letters from HM Revenue and Customs ( HMRC) by August.
Making Tax Digital for Income Tax starts in April 2026 for sole traders and landlords with qualifying income over £50,000.
The UK’s HM Revenue and Customs (HMRC) has reported that US companies may have underpaid taxes amounting to £8.8bn ($11.8bn) ...
A cautionary note has been sounded regarding HMRC letters "arriving" on doorsteps due to the risk of UK households losing ...
“If you’re employed or get a pension, HMRC will change your tax code so you pay the tax automatically. To decide your tax ...
Making Tax Digital for Income Tax will be introduced in April 2026 - with sole traders and landlords with an income over ...
HMRC offers several lesser-known tax breaks that could entitle households to up to £16,000 tax-free, effectively increasing ...
The number of pensioners paying tax is set to soar due to rising incomes, a retirement expert has warned. New State Pension ...
As the road to Making Tax Digital for Income Tax [1] (MTD for IT) moves closer to reality, UK accountants and bookkeepers are facing the most ...
HUNDREDS of thousands of low earners have been slapped with hefty HMRC fines, even though they don’t owe any tax. Currently, ...
The change is meant to help traders and landlords save time when keeping digital records and reporting their income to HM ...