MTD ITSA is as Making Tax Digital for Income Tax Self Assessment and is HMRCs plan for unincorporated businesses and landlords from April 2024. It was originally planned to take effect from April 2023 but has now been postponed for a further 12 month…
MTD ITSA is as Making Tax Digital for Income Tax Self Assessment and is HMRCs plan for unincorporated businesses and landlords from April 2024. It was originally planned to take effect from April 2023 but has now been postponed for a further 12 month…
MTD for ITSA means Making Tax Digital for Income Tax Self Assessment and is HMRCs terminology for the new way of preparing and submitting your income and expenses to them.
HMRC announced on Friday that it will not charge the 5 per cent late payment penalty on self assessment tax which is not paid by 3rd March.
If you are an employee working from home on a regular basis you may be eligible to receive or claim for a tax free payment to cover your home working costs. If you have had to work at home due to