Making Tax Digital Until a recent announcement, landlords were going to be drawn into the requirement to upload quarterly details about their property businesses to HMRC under the Making Tax Digital obligations. The date that did apply was April 2018 or April 2019 depending on…
Month: July 2017
Excessive credit card charges to be axed
The government is unveiling new rules that will mean card-charging in Britain - where people can be charged 20% extra for purchases like a flight just for paying with a credit card - will come to an end in January 2018. ‘Surcharging’ is common practice…
Finance Bill No2 2017
To accommodate the May 2017 election, the government rolled-over items in the Mach 2017 budget for consideration later this year. HMRC have now confirmed that these “in abeyance” items from the March budget will be reconsidered when parliament reconvenes after the summer recess. Those items…
Making Tax Digital - common sense prevails
Making Tax Digital (MTD) is the government’s latest attempt to fully digitise the process of collecting data from taxpayers so they can speed up the process of calculating how much tax you owe. Until last week, we were facing radical changes to the tax system…