MTD for Income Tax pilot now live
Posted on Friday, May 3rd, 2024
HMRC’s pilot scheme for Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is now live. Accountants, agents and individuals are able to sign up to the pilot and test the programme out. The pilot... Read Full Article...
‘Fresh thinking’ needed in regard to MTD for ITSA
Posted on Tuesday, June 20th, 2023
The Institute of Chartered Accountants in England and Wales (ICAEW) has written to HMRC regarding how Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) can be better shaped to suit the needs of small property... Read Full Article...
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MTD for ITSA delayed for two more years
Posted on Tuesday, January 10th, 2023
The Treasury has announced that Making Tax Digital for income tax self assessment (MTD for ITSA) will be delayed for two more years until April 2026. MTD for ITSA was due to take effect from April 2024... Read Full Article...
MTD for income tax pilot extended
Posted on Tuesday, July 19th, 2022
HMRC is extending the pilot for Making Tax Digital for Income Tax Self Assessment (MTD ITSA) to more self-employed workers and landlords. From July, those taking part will be able to test MTD ITSA before April 2024, including... Read Full Article...
Government scheme gives discounts of up to £5,000 on accounting software
Posted on Thursday, March 10th, 2022
The government’s Help to Grow: Digital scheme – designed to support smaller businesses in adopting digital technologies – is now open for applications. Under the scheme, eligible businesses can now receive discounts of up to £5,000 off the retail price... Read Full Article...
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