The timeline is fixed. By April 2026, Making Tax Digital for Income Tax will be mandatory for many sole traders and landlords. But judging by the tone...
View articleICAEW warns that 10 years after its launch, MTD still brings high costs and complexity, urging taxpayers to prepare for the 2026 rollout. Read More...
View articleWhile the upcoming MTD for Income Tax (MTDfIT) mandation (currently scheduled for April 2026) may be a worry, there’s plenty of time to get your clien...
View articleIn the latest Autumn Budget, the UK government doubled down on its commitment to digitalising tax processes, announcing that Making Tax Digital for In...
View articleJohn Southwell, accounts advisory partner at national accountancy and advisory group Dains, talks about how delays in the roll out of Making Tax Digit...
View articleDiscover how financial management software empowers accountants to elevate their advisory role, driving strategic business growth and operational exce...
View articleHM Revenue & Customs (HMRC) has acknowledged the financial and time costs that landlords will face due to the Making Tax Digital (MTD) initiative....
View articleThe successful implementation of MTD depends on the government's ability to address the concerns raised by stakeholders and provide a transparent and ...
View articleThe UK's plan to digitalise the tax system is well underway Read More...
View articleThe most recent postponement marks the fifth time that MTD for ITSA has been pushed back from its initial target date of April 2018 Read More...
View articleThe regime's total cost is now thought to be five times the original forecast Read More...
View articleRegulatory divergence is on the rise across several key markets. As a result, corporates of all shapes and sizes are facing increasingly complex digit...
View articleThe postponement should help smaller businesses in the long run, according to the Treasury Read More...
View articleThe original roll-out date 'was always going to be extremely difficult' to achieve, market participants have said Read More...
View articleThe upcoming MTD for income tax self-assessment deadline opens the door for accountants to play a key advisory role once more Read More...
View articlePractitioners must communicate to clients ahead of the MTD ITSA conversion deadline to ensure as smooth a path as possible, urges John Edwards, CEO of...
View articleNew research suggests that one in 10 accountants will leave the profession due to compliance burdens Read More...
View articleAnother source argued that client relations could be jeopardised by the inability to prepare Read More...
View articleATT technical officer, Emma Rawson, takes a look at recently published draft MTD for ITSA tertiary legislation, highlighting some key areas where taxp...
View articleHMRC intends to atone for poor communications during MTD for VAT, a spokesperson said Read More...
View articleExperts advise a highly structured approach to planning in order to achieve compliance on time Read More...
View articleScepticism among the smallest businesses poses a key challenge for advisers Read More...
View articleBut practices must also find a way to manage the increased workload Read More...
View articleWith Making Tax Digital for VAT changes due in April, Zoho’s Prashant Ganti discusses and addresses the challenges with these new measures Read More...
View articleBoth practices and clients must adopt new digital solutions to ensure they are MTD compliant by April 2024 Read More...
View articleSmall businesses should review end-to-end VAT process to ensure it is fully compliant with the upcoming MTD for VAT rules Read More...
View articleResearch has shown a widespread scepticism among small businesses in the UK Read More...
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