Changes to VAT penalties and interest from 01 January 2023

‘Fresh thinking’ needed in regard to MTD for ITSA The Institute of Chartered Accountants in England and Wales (ICAEW) has written to HMRC regarding how Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) can be better shaped to suit the needs of small property businesses and the self-employed.On 19 December 2022, HMRC…

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New VAT penalty regime and other VAT news

‘Fresh thinking’ needed in regard to MTD for ITSA The Institute of Chartered Accountants in England and Wales (ICAEW) has written to HMRC regarding how Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) can be better shaped to suit the needs of small property businesses and the self-employed.On 19 December 2022, HMRC…

1.25% increase to NIC and dividend tax ratesĀ 

‘Fresh thinking’ needed in regard to MTD for ITSA The Institute of Chartered Accountants in England and Wales (ICAEW) has written to HMRC regarding how Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) can be better shaped to suit the needs of small property businesses and the self-employed.On 19 December 2022, HMRC…

Budget 2021

‘Fresh thinking’ needed in regard to MTD for ITSA The Institute of Chartered Accountants in England and Wales (ICAEW) has written to HMRC regarding how Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) can be better shaped to suit the needs of small property businesses and the self-employed.On 19 December 2022, HMRC…

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Update on Government schemes in response to COVID-19

‘Fresh thinking’ needed in regard to MTD for ITSA The Institute of Chartered Accountants in England and Wales (ICAEW) has written to HMRC regarding how Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) can be better shaped to suit the needs of small property businesses and the self-employed.On 19 December 2022, HMRC…

Dividend 2017/18 and 2018/19

‘Fresh thinking’ needed in regard to MTD for ITSA The Institute of Chartered Accountants in England and Wales (ICAEW) has written to HMRC regarding how Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) can be better shaped to suit the needs of small property businesses and the self-employed.On 19 December 2022, HMRC…

Autumn Budget 2017

‘Fresh thinking’ needed in regard to MTD for ITSA The Institute of Chartered Accountants in England and Wales (ICAEW) has written to HMRC regarding how Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) can be better shaped to suit the needs of small property businesses and the self-employed.On 19 December 2022, HMRC…

Changes to flat-rate VAT in more detail with examples

‘Fresh thinking’ needed in regard to MTD for ITSA The Institute of Chartered Accountants in England and Wales (ICAEW) has written to HMRC regarding how Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) can be better shaped to suit the needs of small property businesses and the self-employed.On 19 December 2022, HMRC…