Quarterly digital tax reporting may modernize self‑assessment, but risks worsening stress without robust systems.

Anytime the Government announces it is simplifying something you can pretty much guarantee things are about to get more complicated. Now HMRC’s new ‘Simple Assessment’ for tax has come under fire for ...

The accountancy body advised HMRC to build flexibility into any revamped system and avoid rigid processes.

HM Revenue and Customs (HMRC) has refreshed its guidance on how individuals impacted by Making Tax Digital for Income Tax can select appropriate software to maintain their tax records and submit ...

HM Revenue & Customs (HMRC) is working to fix a glitch in communications between systems that has seen self-assessment tax rebates paid twice to some claimants. A communications glitch between HMRC’s ...

Brits could be at risk of missing a vital tax deadline, potentially resulting in fines of hundreds of pounds from HMRC. The ...

HMRC’s recent response [1] to concerns about the Making Tax Digital for income tax (MTD) quarterly deadlines provides an important clarification: ...

Hundreds of thousands of people could miss a major tax deadline this year as confusion grows over new HMRC rules. New research shows seven in ten sole traders do not understand what they need to do as ...

If you own buy-to-let property, Making Tax Digital could soon change how you report rental income and manage your tax obligations. From income ...

This particular deal is for contact centre as a service, which sees artificial intelligence being deployed to streamline ...

Accounting software can help small businesses to manage their finances and save time on routine bookkeeping. It can also be cheaper than hiring an accountant, and can simplify the submission of VAT ...