Making Tax Digital (MTD) for individuals is focused on the Personal Tax Account (PTA). The PTA brings together all of your relevant information in one online place.

HMRC have clarified their position on Entrepreneurs Relief by including an amended ‘personal company’ definition in their Finance Bill.  This new update eases concerns with alphabet share arrangements. Click to find out more.

The shock tax changes introduced by George Osbourne in the 2015 budget seriously affected many buy to let landlords & led to widespread transfer of property portfolios to limited companies.

HMRC has published updated guidance for property management companies and others which confirms that fees charged by property management companies to landlords for providing common services to the occupants and tenants of residential property are subject to VAT.

Having compatible software is a key aspect for MTD and that’s why we’re telling everyone to start by thinking about their software. If you don’t have compatible software then you won’t be able to meet the basic requirements of MTD.