Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is not mandatory for traders and landlords whose combined trading and property income (before deduction of expenses) was at least £50,000 or more in 2024/25.
HMRC have now published their final Ready, Steady, File newsletter for participants in the 2025 testing programme which thanks them for their involvement.
The fourth and final edition of Ready, Steady, File can be found on the gov.uk website (www.gov.uk/government/collections/ready-steady-file).
Employers may meet the cost of fuel used for a business journey in a car or van by paying a…
At the time of the 2026 tax update on 23rd June 2026, HMRC published a consultation on making payments of…
HMRC are consulting on proposals for the more timely payment of tax due under Income Tax Self Assessment (ITSA). The…
Under the Approved Mileage Allowance Payment (AMAP) scheme, employers can make tax-free mileage payments to their employees who use…