MTD qualifying income is your gross turnover — not your profit. Find out which income types count towards the threshold, and how to work out your own figure.
Learn how to file your first tax return in the UK. Get registration steps, deadlines, allowable expenses, and payment options for self assessment success.
Over 11.48 million taxpayers filed their tax return 2024/25 by the 31 January deadline. Find out what happened on deadline day and what to do if you missed it.
Are you making money using AI? Find out when AI-assisted income becomes taxable and how the £1,000 trading allowance applies to digital services…
Self assessment deadline 31 January 2026 is approaching. Get last-minute tax return tips, avoid penalties and claim your rebate…
Are you a Gig Worker? Find out what type of tax deductions you can use to maximise your tax bill…
Do you need to complete a self assessment tax return? Find out how to secure the highest possible tax rebate…
Are you a CIS sub contractor? Find out how making tax digital will affect your tax return and CIS tax refund…
Do you sell on eBay? Find out when you should declare your income and pay tax…
Are you a Landlord? The Spring Statement 2025 has clarified some crucial aspects of the MTD rollout for landlords, including revised implementation dates, updated income thresholds, and new exemptions…
HMRC plans to increase the Income Tax Self Assessment (ITSA) reporting threshold for trading income from £1,000 to £3,000.
HMRC has disclosed that over 11.5 million taxpayers were able to meet the Self Assessment deadline and submit their 2023/2024 tax return on time…
HMRC is reminding people what classes as online trading to ensure taxable income is submitted on a tax return for the 2023/24 tax year…
HMRC is reminding people of the importance of completing their 2023/2024 tax return and paying their taxes on time…
HMRC has warned UK taxpayers of scams leading up to the January 2025 self-assessment deadline. Find out what to look out for and how to report suspicious communication to HMRC…
If you receive universal credit find out how it affects your self assessment tax return…
The tax free dividend allowance has been reduced. If you have dividend income in the current tax year you should check to see if you will owe dividend tax…
HMRC are sending out Simple Assessment Letters for 2024 tax year to over 500,000 individuals including 140,000 pensioners…
HMRC has introduced a MTD ITSA pilot for tax agents who have self employed clients…
Self assessment taxpayers who owe a second payment on account for the 22/23 tax year have until midnight on the 31 July 2024 to make payment.
The 2023/2024 Self Assessment Tax Return can now be submitted. If you are owed a 23/24 Tax Refund submit your Tax Return as soon as possible.
HMRC has reported that 11.5 million submitted their tax returns for the 2022/2023 tax year by the deadline. If you’re one of the 1 million that missed the deadline find out what to do…
If you made a profit from a Crypto Asset in the 2022/2023 tax year you should check if you need to delcare any gains on a Tax Return.
HMRC are reminding those who haven’t submitted their 22/23 tax return to act soon to avoid penalties!