Ok right got it!!! You will now do 4 tax returns each year and make 4 payments of tax. If you don't do this on time then you will be charged a penalty!

If you are an accountant looking to improve year-end accounts preparation processes, and the quality of services provided to clients, you should ...

I submitted a Confirmation Statement (AR) which was well within the due date, paid the fee and received a confirmation of submission ...

Looking to glide smoothly into the new era of Making Tax Digital (MTD) for Income Tax ahead of April 2026? FreeAgent Practice ...

Learning a new language can be difficult but rewarding, with Charlemagne believed to have once said that to do so is “to possess a second soul”.

Gone are the days when artificial intelligence was merely theoretical—it's now reshaping accounting practices throughout the ...

We have been approached by an executor re an estate that has sold a property. The property was valued at £400k (three estate agent valuations were used to ...

Where should a UK accountant start with AML compliance? There seem to be so many requirements and rules! Well, I've recorded a 5 minute video, which I've ...

A client needing to claim employment expenses over £2500 for tax years 2021-22 and 2022-23. he has filed a 2023-24 tax return so has a UTR etc ...

Hi all, I’m curious about something and would love some insight please. I have a few CIS subcontractor limited company clients. They vary in how organised ...

Making Tax Digital for income tax (MTD IT) will bring a fundamental shake-up in how taxpayers and agents interact with HMRC ...

A company was left with a multimillion-pound VAT bill in /Eurolaser IT Ltd vs HMRC [1]/ [2025] UKFTT after the first tier ...