Are you a sole trader, landlord, or both? Do you earn from property or self-employment? If yes, Making Tax Digital for Income Tax (MTD for ITSA) could soon apply to you. The rules are changing. Deadlines are coming. Preparation now will save stress later. This guide...
Making Tax Digital for landlords is arriving. Are you ready for the changes starting in April 2026? If you rent out property or operate as a sole trader, you must prepare now. Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) changes how you report income...
In the digital age, the UK tax system is evolving to become more efficient, effective, and taxpayer-friendly. Making Tax Digital (MTD) is at the forefront of this transformation, aimed at positioning HMRC as a global leader in digital tax administration. But what exactly is MTD, and how does it impact businesses? Let’s explore this digital […]
Ready for Making Tax Digital ? There has been a lot of news and noise about Making Tax Digital (MTD). The purpose of this short blog is to remind you of the key points about MTD, which becomes live on 01-Apr-19. Making Tax Digital MTD is compulsory if you’re VAT registered and over the VAT […]
Prepare for Making Tax Digital -MTD, of 01-April-19 will soon be upon us. HMRC have started sending out nudge letters to VAT registered businesses. We have already registered our own clients with HMRC and migrated them over to our preferred platform of choice, Xero. Here at I Hate Numbers we’d love to share our […]
The UK’s Digital Shift Continues The 2025 Autumn Budget, due on 26 November 2025, is set to shape the UK’s digital tax landscape for years to come. Alongside expected tax rises, the government is likely to confirm the next stages of Making Tax Digital (MTD) and...
Effective date of VAT registration Understanding your effective date of VAT registration is vital if you want to stay compliant and avoid nasty surprises. It determines when you start charging VAT, reclaiming it on your costs, and reporting to HMRC. Miss the right...
Bookkeeping: More Than Just Numbers Want to be productive, step forward bookkeeping and digital accounting This is the heartbeat of every business, social enterprise and charity, large or small. Good bookkeeping helps you manage cash, track sales, and meet your legal...
Voluntary VAT registration often gets overlooked. Many small businesses aim to stay under the £90,000 threshold to avoid VAT. They fear more admin and think VAT will scare customers away. But going VAT registered before you must can offer big rewards. This blog...
What are the benefits of filing your tax return early. Why could this be one of the best financial decisions you make this year. While the Self Assessment deadline for the 2024/25 tax year isn’t until 31 January 2026, early submission has real advantages. Let’s break...