HMRC has confirmed that 864,000 self-employed workers and landlords will be pulled into the quarterly reporting rules for MTD for Income Tax when it comes into force.
Over 850,000 self employed to be pulled into first phase of Making Tax Digital Read More »
Almost half of UK sole traders feel unprepared for upcoming Making Tax Digital (MTD) for Income Tax changes, according to research conducted by IRIS Software.
Almost half of sole traders unprepared for MTD changes Read More »
The financial benefits of MTD for VAT could be as high as £915 million, according to analysis carried out by HMRC.
Financial benefit of MTD could be as high as £915 million Read More »
HMRC has announced that from April 2025, it will write to sole traders and landlords who may need to comply with making tax digital (MTD) for income tax from April 2026.
MTD – HMRC to start contacting taxpayers Read More »
HMRC is ‘Making Tax Difficult’ for taxpayers as MTD adds to the burdens they face, according to a report by the Public Accounts Committee.
HMRC is ‘Making Tax Difficult’ with MTD programme Read More »
A report published by the National Audit Office has found that the MTD initiative is expected to cost around £1 billion more than its initial £226 million budget.
MTD expected to cost £1 billion extra Read More »