Almost 800,000 high-earning sole traders and landlords have around a year left to prepare for a tax shake-up in how they report their income to the taxman. HMRC is looking to shift more people to ...

Officials have described the new digital record-keeping requirement as "the biggest change" to the self assessment system ...

He also outlined the department's strategy for addressing the 'tax gap' – the difference between tax revenue owed and what ...

Completing your next tax return may be the furthest thing from your mind right now. In fact, you’re likely relieved that the 31 January deadline for filing the last one is behind you and you don’t ...

HMRC is making what it describes as its 'most significant change to Self Assessment since 1997'. Sole traders and landlords with an income over £50,000 will be required to use Making Tax Digital (MTD) ...

With less than a year to go, sole traders and landlords raking in over £50,000 will soon have to get on board with Making Tax Digital (MTD) for Income Tax. The big switch happens on 6 April 2026, ...

HMRC has shed light on a major tax overhaul set to impact millions of taxpayers. The Making Tax Digital initiative is due to ...

The launch on April 6 will mark a significant and time-saving change for certain people in how to report income to HMRC ...