January is a busy month for taxpayers. If you’re among the millions rushing to complete your Self Assessment by the 31st of January, you’ve likely gained a clearer picture of your income and whether you qualify for Making Tax Digital for Income Tax (MTD IT...
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...
