News Index

List of all News stories on this page with intro text to news section


Making Tax Digital Update (May 2023)

When does MTD for Income Tax start for sole traders?

Sole traders with a taxable turnover over £50,000 will have a 'digital start date' of 6 April 2026, and those with a taxable turnover over £30,000 will start the following year 6 April 2027.

May 2023

Sage are moving to Monthly Subscription for Accounts Software

September 2018

Sage are no longer selling their accounts software to their customers and are moving all users to a monthly subscription as they renew and upgrade their Sage software.

Sep 2018

Making Tax Digital Update August 2018

After Making Tax Digital has been implemented in April 2019, all VAT registered businesses with Turnover in excess of the VAT registration threshold which is currently £85,000 will need to keep digital accounting records.

Aug 2018

Tax Tribunal Case on Conacre Lettings goes in favour of Taxpayer June 2017

The 2016 First Tier Tribunal case of J C Allen v HMRC provides new and important clarification on the fine line between a trading activity and an investment activity for those letting land on conacre arrangements. There is extensive reference to the McClean case which was won by HMRC in 2009 but this case was won by the taxpayer. We have prepared a summary of the findings in this case. Please contact us if you require more information on this.

Jun 2017

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