Deadline approaches for first Making Tax Digital quarterly update
More than 864,000 sole traders and landlords signed up to Making Tax Digital (MTD) for Income Tax have just two weeks left before the deadline to submit their first quarterly update.
More than 864,000 sole traders and landlords signed up to Making Tax Digital (MTD) for Income Tax have just two weeks left before the deadline to submit their first quarterly update.
Hundreds of thousands of taxpayers got ahead of the game by filing their Self Assessment return early last month, with 86,270 submitting on day one - as Easter Monday emerged as the most popular date.
Self-employed individuals and landlords will have more time to prepare for Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA), following a government announcement today (19 December 2022).
HM Revenue and Customs (HMRC) is reminding businesses that from Tuesday 1 November, they will no longer be able to use their existing Value Added Tax (VAT) online account to submit VAT returns.
Businesses have less than a week to prepare for Making Tax Digital (MTD) for Value Added Tax (VAT) becoming mandatory for VAT-registered businesses on 1 April, HM Revenue and Customs (HMRC) said today.
• Make sure your business is prepared for the change – take steps now Businesses are reminded to take steps to prepare for Making Tax Digital (MTD) for Value Added Tax (VAT) before it becomes mandatory for all VAT-registered businesses from 1 April this year.
Businesses will have an extra year to prepare for the digitalisation of income tax, HM Revenue and Customs (HMRC) has announced today.
The tax gap estimate for 2018-19 is 4.7%, HM Revenue and Customs (HMRC) confirmed today.
From today, the government’s major Making Tax Digital programme becomes law for over one million VAT registered businesses earning over £85,000.
Businesses are being urged to get ready as over 2,000 businesses a day sign up for Making Tax Digital for VAT
A pilot for a new online VAT service was launched today, with HM Revenue & Customs (HMRC) inviting more than half a million businesses to try it ahead of new rules coming into force in April 2019.
The tax gap for 2016/17 is 5.7%, HM Revenue and Customs (HMRC) confirmed today.
Paying tax will become less burdensome for British businesses under plans for a twenty-first century tax system detailed by HMRC today.