Government Postpone Making Tax Digital for Income Tax to 2024/25
Having listened to stakeholder feedback from businesses and the accounting profession, the government have announced that they will introduce Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) a year later than planned, in the tax year beginning in April 2024.
Childcare Costs – How To Access Support
With children starting to go back to schools and nurseries in September, and more employees going back to work full time due to the withdrawal of CJRS support, they may need to start thinking about childcare.
Data Protection Registration
Under the Data Protection, Act 2018 any business, organisation or sole trader that processes personal data needs to register with the Information Commissioner’s Office and pay a data protection fee unless they are exempt.
Let Property Campaign- Disclosing Rental Income
If you are a landlord with undisclosed rental income then HMRC’s Let Property Campaign is an opportunity to disclose that income and get your tax affairs up to date.
Self-Employment Income Support Scheme (SEISS) Fifth Grant
The Self-Employment Income Support Scheme has been extended.