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.
The government’s announcement that 900,000 sole traders and landlords must adopt the Making Tax Digital (MTD) initiative is a ...
From 6 April 2026, landlords will be required to register for MTD for IT where their turnover (gross income before deductions ...
Anyone who earns more than £20,000 a year and is self-employed, a landlord or pays their tax through self-assessment, will be ...
The UK announced Wednesday it would bring more businesses within scope of its digital tax return filing plans.
Within the structure of the sole trader, you will be running your business as an individual who keeps all his/her business’s profits after tax. Sole traders don’t have to work alone, they can employ ...
It means that: For earnings under £1,000, there's no need to file a tax return and there's no tax to pay. For earnings between £1,000-£3,000, traders won't have to complete a tax return but they will ...
Day trading can be profitable for a select few, but the data suggests most traders will lose money. Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a ...
he would now like to become a sole trader and strike off the company. In advising on this conversion I worry that there may be capital gains tax concerns that I'm not aware of. The turnover of the ...
The government has introduced targeted tax reliefs for traders and measures to stabilise the cedi, aiming to ease the financial strain on businesses and restore confidence in Ghana’s economy.
Freight industry workers and owner-drivers could be eligible for up to 13 weeks of income support as a result of ex-Tropical Cyclone Alfred. Prime Minister Anthony Albanese announced the assistance ...
He suggested that to meet the targets, the collection of fixed taxes could be done through electricity bills, and once the fixed tax is paid, traders should not be questioned further. To boost the ...