Making Tax Digital for Income Tax (MTD ITSA)
Posted on February 20, 2026A Guide for Sole Traders and Landlords in Darlington and the North East Making Tax Digital for Income Tax (MTD ITSA) is one of the biggest changes to the UK Self Assessment system in recent years. From April 2026, many sole traders and landlords acros More...
Autumn Budget 2025 – How it impacts small businesses and private individuals
Posted on November 27, 2025The Chancellor of the Exchequer, Rachel Reeves, delivered the 2025 Autumn Budget yesterday (26 November). Here’s a round-up of the key points for UK small businesses and private individuals. Taxes, Pensions and Savings NICs and Income Tax More...
2022/2023 Tax Year – What do I need to know?
Posted on March 10, 2022An overview of the changes to the tax rules for the coming tax year. Personal Allowance, National Insurance and Employment Allowance The personal allowance is remaining at £12,570, and the higher rate tax threshold is remaining at £50,270. Fro More...
Making Tax Digital (MTD) for small businesses
Posted on March 1, 2019From 1 April 2019 businesses in MTD for VAT were required to: Maintain their accounting records digitally in a software product eg Xero, Quickfile or a spreadsheet, andSubmit their VAT returns to HMRC using functional compatible software. HMRC are More...
Providing small gifts to employees
Posted on May 17, 2018(or in HMRC speak “Trivial Benefits provided by an employer”) If you provide a small gift/benefit to an employee no tax will be due if the following conditions are met: A – the benefit is not cash or a cash voucher (e.g. a John Lewis vou More...
