New research shows nearly a third of sole traders haven’t even heard of Making Tax Digital, with under a year to prepare Read More...
View articleNew survey shows a profession split between pressure and promise as April 2026 deadline looms Read More...
View articleThe timeline is fixed. By April 2026, Making Tax Digital for Income Tax will be mandatory for many sole traders and landlords. But judging by the tone...
View articleWorld’s first tax submission sent from space as countdown to new tax filing process begins for UK businesses Read More...
View articleIn a move that will bring hundreds of thousands of additional taxpayers into scope, the UK government confirmed yesterday it will lower the threshold ...
View articleICAEW warns that 10 years after its launch, MTD still brings high costs and complexity, urging taxpayers to prepare for the 2026 rollout. Read More...
View articleWhile the upcoming MTD for Income Tax (MTDfIT) mandation (currently scheduled for April 2026) may be a worry, there’s plenty of time to get your clien...
View articleIn the latest Autumn Budget, the UK government doubled down on its commitment to digitalising tax processes, announcing that Making Tax Digital for In...
View articleDiscover how financial management software empowers accountants to elevate their advisory role, driving strategic business growth and operational exce...
View articleHMRC's MTD ITSA pilot, launching on 22 April 2024, aims to modernize the UK tax system by requiring digital record-keeping and quarterly updates for s...
View articleHM Revenue & Customs (HMRC) has acknowledged the financial and time costs that landlords will face due to the Making Tax Digital (MTD) initiative....
View articleThe UK's plan to digitalise the tax system is well underway Read More...
View articleThe most recent postponement marks the fifth time that MTD for ITSA has been pushed back from its initial target date of April 2018 Read More...
View articleIn spite of delays, MTD for ITSA remains a crticial component of the UK government's push to modernise the tax system. Read More...
View resourceThe regime's total cost is now thought to be five times the original forecast Read More...
View articleWhile disappointing, the fresh postponement will allow accountants and bookkeepers to familiarise themselves with what’s to come, according to Sabby G...
View articleThe postponement should help smaller businesses in the long run, according to the Treasury Read More...
View articleThe original roll-out date 'was always going to be extremely difficult' to achieve, market participants have said Read More...
View articleThe upcoming MTD for income tax self-assessment deadline opens the door for accountants to play a key advisory role once more Read More...
View articleThe move will “simplify and automate” workflows for small businesses Read More...
View articleOverview Title: Embracing MTD for income tax to create a more efficient practice Date: Thursday November 24th Time: 15:00 PM GMT Duration: 1 hour Regi...
View eventPractitioners must communicate to clients ahead of the MTD ITSA conversion deadline to ensure as smooth a path as possible, urges John Edwards, CEO of...
View articleNew research suggests that one in 10 accountants will leave the profession due to compliance burdens Read More...
View articleAnother source argued that client relations could be jeopardised by the inability to prepare Read More...
View articleATT technical officer, Emma Rawson, takes a look at recently published draft MTD for ITSA tertiary legislation, highlighting some key areas where taxp...
View articleHMRC intends to atone for poor communications during MTD for VAT, a spokesperson said Read More...
View articleExperts advise a highly structured approach to planning in order to achieve compliance on time Read More...
View articleScepticism among the smallest businesses poses a key challenge for advisers Read More...
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