The UK tax authority's push to digitize services has backfired, saddling taxpayers with hundreds of millions in extra costs, according to a report by Parliament's public spending watchdog.… The Public ...

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@2024 - All Right Reserved.

Almost 800,000 high-earning sole traders and landlords have around a year left to prepare for a tax shake-up in how they report their income to the taxman. HMRC is looking to shift more people to ...

HMRC’s Making Tax Digital regime is set to bring a significant shift for taxi and private hire drivers from April 2026, with quarterly reporting and stricter digital record keeping due to become ...

Completing your next tax return may be the furthest thing from your mind right now. In fact, you’re likely relieved that the 31 January deadline for filing the last one is behind you and you don’t ...

Monzo, the digital bank serving business customers, is helping simplify tax filing for sole traders and landlords with a new tool that lets them file directly to HMRC from their Monzo Business bank ...

With only six months until the first Making Tax Digital (MTD) deadline for sole traders, new research has revealed that 70% ...

For low tax-complexity clients, simple MTD IT compliance tools are more likely to help than full-blown bookkeeping suites.* ...