TAKE CARE!: New penalty system coming into effect for UK Income Tax
FROM 2023, landlords, or self employed taxpayers in the UK, with annual income over £10,000 will be subject to filing their tax position through the Making Tax Digital initiative. Through Making Tax Digital, taxpayers will not only submit one annual tax return, but also quarterly submissions of income and expenditure, to give a real time […]
TAKE CARE!: New penalty system coming into effect for UK Income Tax Read More »