HMRC have now provided more information about the increase in National Insurance Contributions (NICs) to be applied from April 2022 until March 2023 to fund the NHS, health and social care. Here is some information to help you …
MTD ITSA is as Making Tax Digital for Income Tax Self Assessment and is HMRCs plan for unincorporated businesses and landlords from April 2024. It was originally planned to take effect from April 2023 but has now been postponed for a further 12 months. …
With MTD for VAT becoming mandatory for all VAT registered businesses from April 2022 are you set up with the means to file your VAT returns directly from the software you use to record your accounts? …
Businesses need to register for VAT when they reach the VAT threshold but understanding when that is and what to take into account when calculating your trading income is a little more complex. …
MTD for ITSA means Making Tax Digital for Income Tax Self Assessment and is HMRCs terminology for the new way of preparing and submitting your income and expenses to them. …
