NEW Articles4 Dec 2023
BFI Patrons’ and Supporter’s End of Year Screening
Alliotts' Media team attended the BFI’s Patrons’ and Supporter’s End of Year Screening of The Red Shoes.
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The Government announced a two year postponement
Just before the end of the year the Government announced a two year postponement to ‘Making Tax Digital for Income Tax Self Assessment.’ This will now be mandated from April 2026.
The Government has postponed the date for MTD for Income Tax Self Assessment because the self-employed and businesses are facing challenging economic conditions. It felt that is not right time to introduce the burden of a transition to MTD for Income Tax Self Assessment for the self-employed and small landlords, which will result a significant change for taxpayers.
The details in last month’s announcement include:
Meanwhile we are working with our clients (those who are self-employed and landlords) to help them keep records digitally (in MTD-compatible formats) in preparation for the changes ahead.
If you need assistance with Making Tax Digital for Income Tax Self Assessment please contact us.
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