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UHY Ross Brooke Chartered Accountants

Tag: Making Tax Digital

Tax planning 5th April

Year end Tax Planning Reminder

It is that time of year again, when we start to think about the things we need to do for the tax year that we haven’t yet done. Save today for tomorrow! Accountants and Financial Advisers alike provide their hints and tips to their clients on how best to maximise

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Making Tax Digital – What’s Changed?

If you are in business you may not be aware, but from 2019 many businesses, the self-employed and landlords will need to use specialist software or apps to record and categorise receipts and expenses and to update HMRC quarterly with their figures. Making Tax Digital, or MTD as its commonly

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Worried of Newbury

Making Tax Digital is under a year away, yet we have learned today that there is a flaw in HMRC’s self-assessment software for 2016/17 affecting the dividend and savings allowance introduced in April 2016. This means that anyone submitting a self-assessment return online could be faced with an incorrect calculation

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What does making tax digital mean for you?

Making Tax Digital, or MTD as its commonly known, is the Government’s plan to make the UK the world’s most digitally advanced taxation system. HMRC believe that MTD will help eliminate estimated annual tax losses of £8 billion due to avoidable tax errors. MTD is due to be introduced in

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Making Tax Digital Update

If you are in business you may not be aware, but from 2018 most businesses, the self-employed and landlords will need to use specialist software or apps to record and categorise receipts and expenses and to update HMRC quarterly with their figures. As things currently stand, under the Making Tax

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