HMRC's new taxation rules for freelancers will mean significant adjustments
HMRC

HMRC's new taxation rules for freelancers will mean significant adjustments

1y Accountancy Age

HMRC's new taxation rules for freelancers will mea...

Navigate the complexities of HMRC's new tax rules for freelancers and partnerships with our in-depth analysis of the upcoming changes for the 2024-25 ...

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MTD: The story so far
MTD

MTD: The story so far

1y Sam Alberti

MTD: The story so far

The UK's plan to digitalise the tax system is well underway Read More...

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WATCH: Scepticism growing towards MTD for ITSA
HMRC

WATCH: Scepticism growing towards MTD for ITSA

1y Greg Noble

WATCH: Scepticism growing towards MTD for ITSA

The 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...

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EXCLUSIVE: HMRC ‘can't rush’ digital transformation amid customer service woes
HMRC

EXCLUSIVE: HMRC ‘can't rush’ digital transformation amid customer service w...

1y Greg Noble

EXCLUSIVE: HMRC ‘can't rush’ digital transformatio...

In an exclusive interview with Accountancy Age, HMRC’s Joanna Rowland says collaboration with industry stakeholders is becoming ‘invaluable’ to the de...

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Government execution of MTD ‘out of control’ as costs spiral
HMRC

Government execution of MTD ‘out of control’ as costs spiral

1y Sam Alberti

Government execution of MTD ‘out of control’ as co...

The regime's total cost is now thought to be five times the original forecast Read More...

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Data science: the future of the tax industry
Making Tax Digital

Data science: the future of the tax industry

2y Greg Noble

Data science: the future of the tax industry

Accountants must embrace technological advancements to keep up with legislation and innovate for clients Read More...

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Dext CEO: Accountants can ‘get ahead of the game’ with MTD ITSA delay
Making Tax Digital

Dext CEO: Accountants can ‘get ahead of the game’ with MTD ITSA delay

2y Sam Alberti

Dext CEO: Accountants can ‘get ahead of the game’ ...

While disappointing, the fresh postponement will allow accountants and bookkeepers to familiarise themselves with what’s to come, according to Sabby G...

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MTD for ITSA officially delayed until 2026 to ‘maximise benefits’
HMRC

MTD for ITSA officially delayed until 2026 to ‘maximise benefits’

2y Greg Noble

MTD for ITSA officially delayed until 2026 to ‘max...

The postponement should help smaller businesses in the long run, according to the Treasury Read More...

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MTD for ITSA set to be postponed to 2026
Accounting Firms

MTD for ITSA set to be postponed to 2026

2y Greg Noble

MTD for ITSA set to be postponed to 2026

The original roll-out date 'was always going to be extremely difficult' to achieve, market participants have said Read More...

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MTD: A chance for accountants to show their worth
Accounting Firms

MTD: A chance for accountants to show their worth

2y Greg Noble

MTD: A chance for accountants to show their worth

The upcoming MTD for income tax self-assessment deadline opens the door for accountants to play a key advisory role once more  Read More...

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MTD for ITSA: Questions your clients might be asking
MTD

MTD for ITSA: Questions your clients might be asking

2y Institute of Financial Account...

MTD for ITSA: Questions your clients might be aski...

Practitioners must communicate to clients ahead of the MTD ITSA conversion deadline to ensure as smooth a path as possible, urges John Edwards, CEO of...

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UK government must “think carefully” about MTD implementation
MTD

UK government must “think carefully” about MTD implementation

2y Sam Alberti

UK government must “think carefully” about MTD imp...

New research suggests that one in 10 accountants will leave the profession due to compliance burdens Read More...

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MTD preparations hampered by limited software options, expert says
Accounting Software

MTD preparations hampered by limited software options, expert says

2y Sonia Sharma

MTD preparations hampered by limited software opti...

Another source argued that client relations could be jeopardised by the inability to prepare Read More...

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MTD for ITSA – more questions than answers
MTD

MTD for ITSA – more questions than answers

2y Emma Rawson

MTD for ITSA – more questions than answers

ATT technical officer, Emma Rawson, takes a look at recently published draft MTD for ITSA tertiary legislation, highlighting some key areas where taxp...

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IT literacy a “prerequisite” for accountants
People In Business

IT literacy a “prerequisite” for accountants

2y Sonia Sharma

IT literacy a “prerequisite” for accountants

A basic level of IT literacy combined with investment in training and personal development is essential for staff and new hires at accountancy firms t...

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Accountants need “back-up from HMRC” in MTD ITSA transition
HMRC

Accountants need “back-up from HMRC” in MTD ITSA transition

3y Sam Alberti

Accountants need “back-up from HMRC” in MTD ITSA t...

HMRC intends to atone for poor communications during MTD for VAT, a spokesperson said Read More...

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MTD ITSA planning must begin “as soon as possible” despite two-year buffer
MTD

MTD ITSA planning must begin “as soon as possible” despite two-year buffer

3y Sam Alberti

MTD ITSA planning must begin “as soon as possible”...

Experts advise a highly structured approach to planning in order to achieve compliance on time Read More...

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Non-compliance risk for “laggards” as MTD for VAT lands
MTD

Non-compliance risk for “laggards” as MTD for VAT lands

3y Sam Alberti

Non-compliance risk for “laggards” as MTD for VAT ...

Scepticism among the smallest businesses poses a key challenge for advisers Read More...

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Research suggests 2 out of 3 accountants expect to offer new services due to MTD for ITSA
MTD

Research suggests 2 out of 3 accountants expect to offer new services due t...

3y Sam Alberti

Research suggests 2 out of 3 accountants expect to...

But practices must also find a way to manage the increased workload Read More...

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Addressing the challenges of MTD for VAT
MTD

Addressing the challenges of MTD for VAT

3y Prashant Ganti

Addressing the challenges of MTD for VAT

With Making Tax Digital for VAT changes due in April, Zoho’s Prashant Ganti discusses and addresses the challenges with these new measures Read More...

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Majority of accountants see MTD for ITSA as “growth opportunity”, survey finds
MTD

Majority of accountants see MTD for ITSA as “growth opportunity”, survey fi...

3y Sam Alberti

Majority of accountants see MTD for ITSA as “growt...

Both practices and clients must adopt new digital solutions to ensure they are MTD compliant by April 2024 Read More...

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SMEs urged to choose MTD software wisely as April 2022 deadline fast approaches
MTD

SMEs urged to choose MTD software wisely as April 2022 deadline fast approa...

3y Maria Volpe

SMEs urged to choose MTD software wisely as April ...

Small businesses should review end-to-end VAT process to ensure it is fully compliant with the upcoming MTD for VAT rules Read More...

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MTD investment represents an “opportunity rather than burden” for SMEs
MTD

MTD investment represents an “opportunity rather than burden” for SMEs

3y Sam Alberti

MTD investment represents an “opportunity rather t...

Research has shown a widespread scepticism among small businesses in the UK Read More...

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Digitising partial exemption is a matter of transformation, not just automation
MTD

Digitising partial exemption is a matter of transformation, not just automa...

3y Tax Systems

Digitising partial exemption is a matter of transf...

The recent increase in the VAT tax gap sees many expect partial exemption will come into the scope of HMRC’s MTD initiative, according to Garry Young,...

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MTD for income tax – what’s going on?
MTD

MTD for income tax – what’s going on?

3y Emma Rawson

MTD for income tax – what’s going on?

Emma Rawson, technical officer at the Association of Taxation Technicians, outlines the key takeaways for advisers and businesses following the announ...

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MTD for income tax delay “welcome” but concerns remain, industry argues
Making Tax Digital

MTD for income tax delay “welcome” but concerns remain, industry argues

3y Sam Alberti

MTD for income tax delay “welcome” but concerns re...

The postponement must not distract from the "unmanageable" requirements of MTD Read More...

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MTD for income tax for landlords explained
MTD

MTD for income tax for landlords explained

3y Sage | Sponsored

MTD for income tax for landlords explained

With the deadline on the horizon, accounting software provider Sage breaks down the complexities of MTD for Income Tax and how landlords could fall wi...

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