Making Tax Digital for landlords

Making Tax Digital for landlords

Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is introduced from 6 April 2026 From the outset, it will apply to unincorporated traders and landlords with annual business and/or property income of £50,000 or more. It will be extended to...
Enquiry or discovery – What is the difference?

Enquiry or discovery – What is the difference?

Enquiry or discovery – What is the difference? Most taxpayers know that they must adhere to a rigid timetable for the submission of tax returns and claims, otherwise either penalties are levied or the claim is refused. Taxpayers are also restricted as to the number of...
Help if you are struggling to meet your tax bills

Help if you are struggling to meet your tax bills

Inflation is at a ten-year high and the ensuing cost of living crisis means that many people may be struggling to pay the tax that they owe. If this is you, what can you do about it? While it may be tempting to bury your head in the sand and hope that the bill will...
How to claim tax relief for employment expenses

How to claim tax relief for employment expenses

If you are an employee and you personally incur expenses in carrying out your job, you may be able to claim tax relief for those expenses. Relief is only available for expenses that you must incur, rather than those that you choose to incur, and the expenses must be...