2024 seems to be a good year to be a small business. The UK Government is doubling down on its commitment to the nation’s 5.5 million small businesses by announcing the launch of a new Small Business Council. Small businesses are the backbone of the UK economy,...
Self-Assessment customers, who are starting to think about their annual tax returns for the 2022 to 2023 tax year, should guard against being targeted by fraudsters, warns HMRC. Fraudsters target customers when they know they are more likely to be in contact...
Instead of completing a yearly personal tax return, under the Making Tax Digital rules, you’ll have to keep and submit digital records of your earnings and expenses using MTD-compatible software. There are three parts that you will need to submit for MTD: Submitting...
There’s a growing trend in people submitting their Self-Assessment returns to HMRC early. In the last five years, the number of people choosing to file their return on the first day of the tax year has almost doubled. The deadline for sending your Self-Assessment tax...
Self Assessment customers, who are starting to think about their annual tax returns for the 2021 to 2022 tax year, should guard against being targeted by fraudsters, warns HMRC. There are plenty of fraudsters and scams around at this time, asking for personal...