Self employed and earn over £50k? Changes are coming to your Income Tax return. | HMRC | Facebook
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Think Making Tax Digital for Income Tax means more tax returns? Think again. 📒You’ll send quarterly updates of income and expenses to HMRC from recognised software 💻These updates aren’t tax returns 📅You won’t pay four tax bills a year Find out what it means for you and how to prepare: 👇 https://makingtaxdigital.campaign.gov.uk/?&utm_source=f.co_hmrcgovuk&utm_medium=social&utm_campaign=mtd | HMRC
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Worried about the cost of Making Tax Digital? Did you know there are free options available? If you’re a sole trader or landlord and have turnover of more than £50,000, you’ll need to use recognised software to keep digital records of your income and expenses. Find out more about Making Tax Digital and what software’s available: 👇 https://makingtaxdigital.campaign.gov.uk/making-tax-digital-software/?&utm_source=f.co_hmrcgovuk&utm_medium=social&utm_campaign=mtd&utm_content=software | HMRC
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3K views · 31 reactions | Did you know that nearly all VAT registered businesses have to submit their VAT return online? Here's how you can submit a VAT return using HMRC's online service. | HMRC | Facebook
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🇬🇧 Who needs to prepare for HMRC's Making Tax Digital legislation? Accountants ✔️ Bookkeepers ✔️ Small business ✔️ Our MD Gary Turner shares what you need to do to make sure you're ready to bring your VAT returns into the modern age 👇 | Xero
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