Going digital: how to prepare for MTD
Making Tax Digital (MTD) is the Government’s effort to digitise the tax system. Here’s how you can prepare for MTD for income tax self-assessment.
VAT penalty regime
Value-added tax (VAT) must be collected by certain businesses and paid to HMRC, with penalties enforced on delayed and late payments. Find out more here.
All about basis period reform
Basis period reform (BPR), scheduled to come into play in April 2024, changes how some businesses account for and pay their taxes. Learn more about that here.
Get a start on your self-assessment early
Now that we’re drawing closer to summer’s end, it’s time to start thinking about your self-assessment tax return. Here’s why you should start things early.
CGT property deadlines and thresholds
A look at the CGT property thresholds and deadlines to help you get your tax payments right if you are selling a second home or buy-to-let property.
P11D: Digital Deadlines for Your Employee Benefits
If your business pays expenses or offers benefits to its employees, you’ll more than likely have to submit a P11D return to HMRC.