MTD ITSA Penalties and How to Avoid Them
During June’s Facebook Live, I discussed the penalties you could receive if you do not follow MTD ITSA regulations, and how to avoid them. From April 2026, UK sole traders and landlords will have to start submitting their accounts information to HMRC every...
How to Keep Digital Records for MTD ITSA – What Counts and What Doesn’t
During May’s Facebook Live, I discussed how to keep digital records for MTD ITSA, what counts and what doesn’t count. Making Tax Digital for Income Tax Self-Assessment (MTD ITSA) is on the horizon, and if you’re a self-employed individual or landlord...
How UK Businesses Should Prepare for MTD ITSA: A Practical Guide
During April’s Facebook Live, I discussed how UK businesses and landlords should prepare for Making Tax Digital for Income Tax and Self-Assessment. Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is on its way — and if you’re a UK business owner,...
2025 Spring Statement: Key Updates for Your Business
On Wednesday, March 26th, 2025, Chancellor, Rachel Reeves, delivered the 2025 Spring Statement with several important announcements for businesses. While no tax changes were announced, there are significant updates that may affect how you manage your tax obligations....