The UK tax authority's push to digitize services has backfired, saddling taxpayers with hundreds of millions in extra costs, according to a report by Parliament's public spending watchdog.… The Public ...

It’s been more than a decade since George Osborne dusted off a blueprint buried in the drawers of Treasury mandarins and lit ...

Fewer than three-tenths of those required to sign up for quarterly software-based Making Tax Digital (MTD) reporting for the ...

HM Revenue and Customs (HMRC) has announced that its initiative Making Tax Digital (MTD) will be introduced a year later than planned, in 2024. MTD, an umbrella term for a major digitisation of the UK ...

Thousands of sole traders and landlords now have to start reporting their earnings digitally on a quarterly basis to HMRC ...

At last, Making Tax Digital for Income Tax is here, not that limited companies should panic — even if it does demand some ...

The government’s flagship programme to digitise the UK tax system, which was revealed in June 2023 to be costing taxpayers an extra £1.5bn, has been the subject of scrutiny since its inception. What ...

Millions of people will have to follow new rules for submitting their tax returns to HMRC from today. Making Tax Digital is a ...

The UK tax authority first introduced its Making Tax Digital (MTD) scheme for VAT-registered businesses in 2022.

Hundreds of thousands of UK sole traders and landlords are being urged to prepare for sweeping tax reporting changes as Making Tax Digital (MTD) for Income Tax becomes mandatory from April 2026. The ...

Tax authorities warn sole traders and landlords to act, as the biggest change to self-assessment in decades looms Spring is “the time of plans and projects”, wrote Leo Tolstoy in Anna Karenina. For ...