More landlords now need to sign up to making digital tax returns
There are just six months to go until landlords with a turnover of more than £30,000 will be required to use Making Tax Digital (MTD) for income tax. HM Revenue and Customs (HMRC) is urging those customers to sign up on GOV.UK and start preparing now. They should check whether they meet the threshold, as […]
Many landlords are still to register for digital tax
Hundreds of thousands of UK taxpayers, including landlords, have not registered for the HMRC’s Making Tax Digital (MTD) in time. The Association of Chartered Certified Accountants (ACCA) says some 400,000 taxpayers, including sole traders and landlords, have missed the deadline of Friday, August 7. Data from HMRC shows that just over 400,000 of the 850,000 mandated taxpayers […]
Help for landlords as tax deadline draws nearer
Consumer champion Which? has published an e-guide and video for landlords offering advice on filing self-assessment tax returns. As the deadline of January 31 draws closer, the organisation has come up with tips and suggestions that are particularly relevant to buy-to-let landlords. These include examples of the kinds of costs and expenses that can be […]