What landlords need to know about Making Tax Digital
Making Tax Digital (MTD) has already impacted VAT, with income tax and corporation tax due to follow in the coming years. There are significant implications for those who pay income tax via self assessment (ITSA), including landlords with taxable income of more than £50,000 a year. In this article, Clayton & Brewill highlights what landlords […]
A guide to MTD ITSA: why it still means big change for you and your business
April 2022 sees the final phase of Making Tax Digital (MTD) for VAT, but that’s just the tip of the iceberg. MTD for income tax (MTD ITSA) comes next, and implementation is likely to be altogether more challenging, plus there’s corporation tax to consider. In this article, Nottingham chartered accountants Clayton & Brewill provides a […]