by Neesha Hallan | Nov 8, 2025 | Business Success, Making Tax Digital
HMRC has published long-awaited guidance on how digitally excluded individuals should apply for an exemption from Making Tax Digital (MTD) for Income Tax. Gaining HMRC’s agreement that a person is digitally excluded is essential. The MTD legislation defines digitally... by Neesha Hallan | Jun 27, 2025 | Business Success, Making Tax Digital
If you are a sole trader or landlord with combined turnover from trade and property exceeding £50,000 in 2024/25, you’re likely to be mandated into Making Tax Digital (MTD) from 6 April 2026. Individuals with lower income will be mandated at later dates. We have... by Neesha Hallan | Apr 8, 2025 | Making Tax Digital
The Spring Statement announced that the Making Tax Digital for Income Tax (MTD for IT) regime will be further extended to smaller businesses. Making Tax Digital for Income Tax (MTD for IT) is a government initiative that requires self-employed individuals and... by Neesha Hallan | Apr 8, 2025 | Making Tax Digital
The Chancellor of the Exchequer, Rachel Reeves, delivered her Spring Statement last week in which she outlined the government’s economic plans, including spending decisions, tax policies and efforts to boost growth while managing public finances. The Statement came on... by Neesha Hallan | Jan 2, 2025 | Business Success, HMRC, Making Tax Digital
‘Payrolling benefits in kind’ means that employee benefits in kind (e.g. company cars and medical insurance) are reported to HMRC through the employer’s payroll. Employees’ tax codes are amended so that any income tax due on the benefits is paid throughout the tax... by Neesha Hallan | Jan 2, 2025 | Budget, Coronavirus: Finances, Furlough, HMRC, Making Tax Digital, Tax, The Budget
The Government published a ‘Corporate Tax Roadmap’ as part of Autumn Budget 2024. he Roadmap is designed to give corporate businesses (and, in some areas, non-corporate businesses) certainty about the tax framework ahead to give confidence in business decisions being...