MTD for ITSA or Making Tax Digital for Income Tax Self Assessment to give it its full title. You remember that? Perhaps you’d prefer not to, but here’s a quick reminder from Mike at GoSimpleTax. MTD for ITSA was due to be phased in from
Read moreIn December 2022, the government announced its decision to delay introducing Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) for two more years until April 2026. The government says it has done so because it understands that the UK’s 3.1m sole traders
Read moreUpdate January 2023: Making Tax Digital MTD for income tax has been delayed by two years until April 2026. How much do you know about Making Tax Digital (MTD)? Well, if you’re a UK landlord you should know some basic facts, because MTD could affect
Read moreUpdate January 2023: Making Tax Digital MTD for income tax has been delayed by two years until April 2026. On 1st April 2021, the soft-landing period for eligible businesses over the VAT threshold to comply with Making Tax Digital (MTD) for VAT will come to
Read moreUpdate January 2023: Making Tax Digital MTD for income tax has been delayed by two years until April 2026. There are always people who prefer paper-based accounting and self-assessment, reluctant or uninterested to learn to use new tools, they prefer physical copies over digital documents.
Read moreUpdate January 2023: Making Tax Digital MTD for income tax has been delayed by two years until April 2026. If you have earnings outside of PAYE, you might be familiar with the Government Gateway system. It’s HMRC’s portal for Self-Assessment users and, come January, it’s
Read more
