Under Making Tax Digital for Income Tax Self Assessment (MTD for ITSA), taxpayers will need to make a final declaration (equivalent to the current tax return) in which they will make any adjustments, report other sources of income and claim reliefs like the current Self Assessment return, this must be filed no later than 31 January after the end of the tax year. The return must be made using software compatible with MTD for ITSA.
The second payment on account for the 2025/26 tax year is due by 31 July 2026. You will need…
Tax refunds are not issued automatically and if a client receives a letter or text message informing them that…
The High Income Child Benefit Charge (HICBC) applies to clawback child benefit where the recipient and/or their partner has…
Employers must pay workers aged 21 and older at least the National Living Wage (NLW), while workers under the…