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      Making Tax Digital for Income Tax delayed until 2024

      On 23 September HMRC announced that the introduction of Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) will be postponed by a year until April…

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      New penalty regime for VAT and Income Tax Self-Assessment

      Historically, VAT surcharges for late submission of VAT returns have been criticised for being disproportionate, and out of line with similar charges for other taxes. The…

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      What is MTD for Income Tax?

      Making Tax Digital (MTD) is a government initiative designed to digitalise taxes in the UK. According to the HMRC, avoidable mistakes cost the Exchequer £8.5bn between…

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      The tax benefits of electric vehicles

      As electric cars become ever more accessible and the Government offering several tax advantages for low emission vehicles, their popularity continues to grow. Here we explain why…

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      Hospitality industry 5% VAT rate to end 30 September – time to book your Christmas party?

      Due to the pandemic, on 8 July 2020, the government announced a temporary 5% reduced rate of VAT for certain supplies relating to hospitality, hotel and…

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