Harts CHARTERED ACCOUNTANTS

Tag: Basis Period Reform

Added: 2nd Dec
What is Making Tax Digital? Harts Accountants

Webinar Recording: Making Tax Digital & Business Update

In our Webinar on Thursday 1st December we covered Making Tax Digital as scheduled and summarised the recent Autumn Statement and the Basis Period Reform. On Making Tax Digital, we looked at what it is, who needs to be aware of this, what the rules are and what you need…

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Added: 1st Dec

Basis Period Reform Change for many sole traders and members of partnerships

All changes take effect from April 2023 HMRC is seeking to modernise the tax system and to bring in tax revenues earlier. A key part of this is the introduction of MTD (officially “Making Tax Digital”), currently scheduled for April 2024. The cornerstone of HMRC’s MTD system is the requirement…

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