What is MTD IT, and will it affect me?

What is MTD IT, and will it affect me?

MTD IT - What it means for the self-employed. The UK tax system is evolving, and if you’re self-employed or a landlord, these changes could significantly impact how you manage your finances. Making Tax Digital for Income Tax Self-Assessment (MTD IT) is set to...
Payment on account

Payment on account

Payment on account, what does it mean and how does it work? ‘Payments on account’ as they are known are the advance payments you’ll need to make towards your self assessment tax bill if you’re self-employed. A main factor to understand is that these payments are for...
Spring Budget Update 2021

Spring Budget Update 2021

  Spring Budget 2021 Share this page:  Coronavirus Support The furlough and self-employment income support schemes (SEISS) have been extended until the end of September.   Furlough  Employees will continue to receive 80% of the normal pay From July 2021,...