MTD for income tax delayed again

MTD for income tax delayed again

Making tax digital for income tax self-assessment (MTD ITSA) was set to take effect from 6 April 2024. This has been postponed until 6 April 2026.

Coping with an HMRC nudge

Coping with an HMRC nudge

Marketing companies know that personal letters sent directly to customers are more powerful than broadcast or printed adverts. HMRC is using this technique to recover unpaid tax.

Largest ever NMW rise

Largest ever NMW rise

The national minimum wage (NMW) and national living wage (NLW) rates are due to rise significantly for pay periods starting on and after 1 April 2023.

Planning dividends in 2023

Planning dividends in 2023

Owners and directors of family businesses often take a small salary from the company and any extra funds as dividends.