HMRC have been working on their Making Tax Digital (MTD) program for several years. It has been implemented for VAT returns and they are looking to implement it for Income Tax Self Assessment (ITSA) next, with partnerships and Corporation Tax being further down the road. The current implementation date for MTD for ITSA is April 2026 – this was pushed … Read More
Income tax, national insurance and the 2019 election
Income tax is not a complex tax but many of us may not have been aware of how it works before we really start to look into it, and I would include myself in this. Income tax is devolved in Scotland and the income tax bands and rates are different, but the principles still apply. However, in this article I … Read More