From April, more than 864,000 taxpayers will need to follow new digital tax rules under Making Tax Digital (MTD) for Income ...
When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. If you’re a sole trader or a landlord the way you’ll have to report your taxes is changing. HMRC ...
By Stuart Miller, director, public policy & tech Research, Xero If you run a small business, work for yourself, or earn ...
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 ...
About half of exemption requests approved as 780,000 prepare for quarterly reporting in April The UK tax collector has exempted 661 people from moving to quarterly software-based reporting under its ...
QuickBooks is a cloud based accounting solution developed with UK tax requirements in mind. Its compatibility with Making Tax Digital for VAT is positioned as a baseline feature rather than an ...
QuickBooks has been rated as the top Making Tax Digital compliant accounting platform for UK sole traders in Consumer365's latest review of accounting software for sole traders. The review evaluates ...
If you're self-employed or a landlord, you'll need to know about Making Tax Digital, which directly impacts how you file your tax returns. It's meant to modernise the system, but critics say it will ...
As Making Tax Digital for Income Tax (MTD IT) fast approaches, the amount of commentary, speculation, and concern within the profession is intensifying.* ...
Tax authorities warn sole traders and landlords to act, as the biggest change to self-assessment in decades looms Spring is “the time of plans and projects”, wrote Leo Tolstoy in Anna Karenina. For ...
Consumer365's assessment also considers how well software supports HMRC's Making Tax Digital requirements. QuickBooks is already recognised by HMRC for MTD for VAT and supports digital CIS ...