by Gareth Thomas | Jun 14, 2025 | Accounting, Business, Making Tax Digital, Taxes
The rules for Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) are changing—but now with an extended timeline. If you’re a landlord or a sole trader, it’s time to take note of when you’ll need to switch to digital record-keeping and...
by Gareth Thomas | Jun 11, 2025 | Accounting, Business, Finance, Taxes
The 2024/25 tax year is officially over, and if you’re one of the millions who needs to complete a Self Assessment tax return, you can now get started. The deadline to file online might not be until 31 January 2026, but there are some real benefits to getting it done...
by Jon Davies | Jan 21, 2021 | Taxes
Every year, I genuinely look forward to HMRC’s list of worst excuses for late tax returns.Who can forget “I have vertigo and my ex-wife left the tax return upstairs so I can’t get it”. Or “My mother-in-law is a witch and put a curse on...
by Jon Davies | Jan 14, 2021 | National Insurance, Taxes
What is every accountant’s favourite date? 31 January.And why? Because it’s the deadline for Self-Assessment Tax Returns.Anyone who submits their personal tax return late is fined. But you can also be fined for submitting an incorrect tax return.Usually, HMRC...
