With the Self Assessment deadline now behind us, many taxpayers have a clearer picture of their income for the last tax year. If you’re reviewing your figures or planning ahead, now is a good time to check whether you fall within the scope of Making Tax Digital...
In mid-December, HMRC announced a delay to Making Tax Digital for Income Tax Self Assessment (MTD for ITSA). It was an announcement that had been long rumoured. As it stands, HMRC will require you to continue reporting your income in the same way you always have done...