With the new financial year approaching, research shows that many sole traders are in the dark about their tax obligations.
Sole traders, farmers and their spouses will have received their pre-completed tax returns in MyTax in the last week of February.
With just a year to go, firms are split on MTD for Income Tax readiness. Insights from DAS25 on client prep, tech strategy, and profitability.
You must also pay any tax you owe within nine months and a day of the end of the accounting period. For people using a self-assessment, such as sole traders, this deadline for submitting your tax ...
The UK announced Wednesday it would bring more businesses within scope of its digital tax return filing plans.
In her budget last autumn, Ms Reeves said sole traders and landlords with incomes above £50,000 would have until April 2026 ...
Working for your old employer from a distance, selling cupcakes, offering English-language services – these are all things that some internationals in the Netherlands are doing as a job.
As confirmed by the Federal Tax Authority (FTA), sole establishments, e-traders, and freelancers earning more than Dh1 million in any financial year (past or present) are required to complete ...
From 6 April 2026, landlords will be required to register for MTD for IT where their turnover (gross income before deductions ...
A young Aussie has announced she’ll be crying herself to sleep after being stung with an eye-watering tax bill.
According to the government department, if you earn over £1,000 from trading, you will need to set up as a sole trader and may have to pay tax on the money earned. READ MORE: Energy bills will ...
called Making Tax Digital. The system will be expanded to sole traders and landlords with incomes over £20,000 from April 2028. And the Treasury “will continue to explore how it can best bring the ...