Submitted by
Sestini & Co | on Fri, 07/28/2023 - 11:30 | In
digital tax,
HMRC
The Draft Finance Bill 2023-24 includes a Policy Paper on ‘Changes to data that HMRC collects from customers’. If accepted, the changes will come into effect from tax year 2025-26.
Around 1.2 million self-employed businesses, 1.9 million PAYE-registered businesses, and 900,000 businesses which include shareholders of an owner-managed business, will need to submit the additional data.
Read Sestini & Co’s Autumn/Winter 2015 newsletter: HMRC investigations, Self Assessment, PIP dates, workplace pensions, residential letting
Submitted by
Sestini & Co | on Fri, 03/20/2015 - 20:15 | In
Uncategorized
There was much excitement* on Wednesday when the death of the (annual) self assessment tax return was announced. I experienced a fleeting moment’s thought as my self assessment tax return list flashed up in the recesses of my brain and I wondered how business would look without that work cycle every year.
But of course, income reporting for personal tax and tax computations are not going to go away. Although the announcement and paperwork released to date is short on detail, [- -]