#makingtaxdigital — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #makingtaxdigital, aggregated by home.social.
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https://www.europesays.com/britain/43048/ Lloyds and BankiFi launch free MTD tool for small businesses #Bankifi #fintech #HMRC #Infrastructure&EnterpriseSoftware #Lloyds #LloydsBankingGroup #MakingTaxDigital #SmallBusinessBanking
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What if the problem isn’t access to support—
but the ability to access the system itself?https://substack.com/@hybridmind42/note/p-194712512?r=75c2ac
#HybridMind42 #PublicPolicy #UKPolicy #DWP #HMRC #MakingTaxDigital #SystemsThinking #Accessibility #DigitalInclusion #AdministrativeBurden #SocialSystems #PolicyDesign
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What if the problem isn’t access to support—
but the ability to access the system itself?https://substack.com/@hybridmind42/note/p-194712512?r=75c2ac
#HybridMind42 #PublicPolicy #UKPolicy #DWP #HMRC #MakingTaxDigital #SystemsThinking #Accessibility #DigitalInclusion #AdministrativeBurden #SocialSystems #PolicyDesign
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HMRC Spends More Than £6 Million on Advisers for Hated ‘Making Tax Digital’ Regime – Guido Fawkes
HMRC is spending more than £6 million per year on staff to administer the hated Making Tax Digital…
#NewsBeep #News #Business #GB #GuidoFoIUnit #HMRC #MakingTaxDigital #UK #UnitedKingdom
https://www.newsbeep.com/uk/522610/ -
@drdrmc @neil Oh it's maddening. If anyone reading this knows a good way to keep using a spreadsheet while complying with #MakingTaxDigital I'd love to know.
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@drdrmc @neil Oh it's maddening. If anyone reading this knows a good way to keep using a spreadsheet while complying with #MakingTaxDigital I'd love to know.
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@drdrmc @neil Oh it's maddening. If anyone reading this knows a good way to keep using a spreadsheet while complying with #MakingTaxDigital I'd love to know.
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@drdrmc @neil Oh it's maddening. If anyone reading this knows a good way to keep using a spreadsheet while complying with #MakingTaxDigital I'd love to know.
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@drdrmc @neil Oh it's maddening. If anyone reading this knows a good way to keep using a spreadsheet while complying with #MakingTaxDigital I'd love to know.
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‘Death of the traditional tax return’ as biggest shake-up in 30 years hits South Wales
From April 6, a radical new regime known as Making Tax Digital (MTD) will become mandatory for anyone with a gross income above £50,000 per year, marking the end of an era for paper-based filing.
Experts have described the overhaul as the most significant change to the UK tax system since the introduction of self-assessment nearly 30 years ago in 1997.
Regional accountancy firm Azets, which has offices in Swansea and Cardiff, is urging local business owners to act now to avoid falling foul of the new HMRC rules.
Under the new system, qualifying individuals will no longer be able to submit a single annual return; instead, they must keep digital records and provide updates to the taxman every single quarter.
Fraser Campbell, UK Head of ABAS at Azets, who is warning South Wales businesses to prepare for the “death of the traditional tax return.”Fraser Campbell, UK Head of ABAS at Azets, has confirmed that the shift represents a major digital reporting obligation for hundreds of thousands of landlords and sole traders.
“MTD truly signifies the death of the traditional income tax return,” Mr Campbell has said, adding that the April deadline is now “fast approaching.”
The changes are set to affect an estimated 864,000 individuals nationwide from next month, with that number predicted to soar to nearly three million within just three years.
While the initial phase targets those earning over £50,000, the threshold is set to drop to £30,000 in April 2027 and further still to £20,000 by 2028.
HMRC has said the move will bring the tax system closer to “real-time,” providing businesses with more accurate financial information throughout the year.
However, the transition requires the use of specific MTD-compatible software, and experts are warning that those who haven’t yet modernised their processes could face a scramble to comply.
“Preparation, planning ahead and taking advice at the right time are key for compliance,” Mr Campbell has stated, urging those in South Wales to check their qualifying income immediately.
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#Azets #Business #Cardiff #Finance #HMRC #Landlords #MakingTaxDigital #money #MTD #SelfEmployed #Swansea #tax
The latest ways people across our region are saving, spending and staying afloat. -
luckily I'm under the 30k turnover threshold, so #MakingTaxDigital will only affect me from April 2028. Hoping that the system will have collapsed by then. Also, according to the emails they keep sending me, the April 2028 step hasn't been officially approved yet. Fingers crossed ... https://www.theguardian.com/money/2026/feb/21/making-tax-digital-ready-hmrc-self-assessment-shake-up #selfEmployed
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luckily I'm under the 30k turnover threshold, so #MakingTaxDigital will only affect me from April 2028. Hoping that the system will have collapsed by then. Also, according to the emails they keep sending me, the April 2028 step hasn't been officially approved yet. Fingers crossed ... https://www.theguardian.com/money/2026/feb/21/making-tax-digital-ready-hmrc-self-assessment-shake-up #selfEmployed
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luckily I'm under the 30k turnover threshold, so #MakingTaxDigital will only affect me from April 2028. Hoping that the system will have collapsed by then. Also, according to the emails they keep sending me, the April 2028 step hasn't been officially approved yet. Fingers crossed ... https://www.theguardian.com/money/2026/feb/21/making-tax-digital-ready-hmrc-self-assessment-shake-up #selfEmployed
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luckily I'm under the 30k turnover threshold, so #MakingTaxDigital will only affect me from April 2028. Hoping that the system will have collapsed by then. Also, according to the emails they keep sending me, the April 2028 step hasn't been officially approved yet. Fingers crossed ... https://www.theguardian.com/money/2026/feb/21/making-tax-digital-ready-hmrc-self-assessment-shake-up #selfEmployed
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luckily I'm under the 30k turnover threshold, so #MakingTaxDigital will only affect me from April 2028. Hoping that the system will have collapsed by then. Also, according to the emails they keep sending me, the April 2028 step hasn't been officially approved yet. Fingers crossed ... https://www.theguardian.com/money/2026/feb/21/making-tax-digital-ready-hmrc-self-assessment-shake-up #selfEmployed
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HMRC Issues New Digital Tax Filing Mandate for High Earners
HMRC's Making Tax Digital for Income Tax starts April 6, 2026. Find out if you need to file quarterly updates if you earn over £50,000.
#HMRC #MakingTaxDigital #UKTax #SelfAssessment #IncomeTax
https://newsletter.tf/hmrc-new-digital-tax-filing-rules-for-uk-earners-over-50000-april-2026/
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HMRC Issues New Digital Tax Filing Mandate for High Earners
HMRC's Making Tax Digital for Income Tax starts April 6, 2026. Find out if you need to file quarterly updates if you earn over £50,000.
#HMRC #MakingTaxDigital #UKTax #SelfAssessment #IncomeTax
https://newsletter.tf/hmrc-new-digital-tax-filing-rules-for-uk-earners-over-50000-april-2026/
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Starting April 6, 2026, UK taxpayers earning over £50,000 will need to submit tax updates every three months instead of once a year.
#HMRC #MakingTaxDigital #UKTax #SelfAssessment #IncomeTax
https://newsletter.tf/hmrc-new-digital-tax-filing-rules-for-uk-earners-over-50000-april-2026/
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Starting April 6, 2026, UK taxpayers earning over £50,000 will need to submit tax updates every three months instead of once a year.
#HMRC #MakingTaxDigital #UKTax #SelfAssessment #IncomeTax
https://newsletter.tf/hmrc-new-digital-tax-filing-rules-for-uk-earners-over-50000-april-2026/
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https://www.europesays.com/uk/762581/ Only 4% of Taxpayers Sign Up to HMRC’s Hated Digital Regime – Guido Fawkes #Business #HMRC #MakingTaxDigital #UK #UnitedKingdom
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Whilst it isn't a #FOSS solution I am thrilled that my business bank (Starling) have announced they are building #MTD tool into their sole trader account! #MakingTaxDigital
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Whilst it isn't a #FOSS solution I am thrilled that my business bank (Starling) have announced they are building #MTD tool into their sole trader account! #MakingTaxDigital
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Whilst it isn't a #FOSS solution I am thrilled that my business bank (Starling) have announced they are building #MTD tool into their sole trader account! #MakingTaxDigital
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Whilst it isn't a #FOSS solution I am thrilled that my business bank (Starling) have announced they are building #MTD tool into their sole trader account! #MakingTaxDigital
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Whilst it isn't a #FOSS solution I am thrilled that my business bank (Starling) have announced they are building #MTD tool into their sole trader account! #MakingTaxDigital
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@mmorschel going digital for tax etc may turn out to have been sub-optimal.
Particularly if it uses closed source applications running on closed source operating systems on proprietary hardware of limited sourcing.
#MakingTaxDigital -
@mmorschel going digital for tax etc may turn out to have been sub-optimal.
Particularly if it uses closed source applications running on closed source operating systems on proprietary hardware of limited sourcing.
#MakingTaxDigital -
@mmorschel going digital for tax etc may turn out to have been sub-optimal.
Particularly if it uses closed source applications running on closed source operating systems on proprietary hardware of limited sourcing.
#MakingTaxDigital -
@mmorschel going digital for tax etc may turn out to have been sub-optimal.
Particularly if it uses closed source applications running on closed source operating systems on proprietary hardware of limited sourcing.
#MakingTaxDigital -
@mmorschel going digital for tax etc may turn out to have been sub-optimal.
Particularly if it uses closed source applications running on closed source operating systems on proprietary hardware of limited sourcing.
#MakingTaxDigital -
HMRC issues 6-month alert to 780,000 tax payers – check if its you | Personal Finance | Finance
In just six months, self-employed workers and landlords with an income that exceeds £50,000 will have to adopt…
#NewsBeep #News #Business #Employment #GB #HMRC #hmrctaxlatest #hmrctaxnews #IncomeTax #MakingTaxDigital #Self-Assessment #Taxes #UK #UnitedKingdom
https://www.newsbeep.com/uk/195074/ -
Possibly the dullest question I've ever asked but.. #UK #Freelancers has anyone found an #opensource solution/approach for the upcoming #MakingTaxDigital stuff? Preferably on #Linux ? Absolutely rubbish if it forces me into some proprietary nonsense. #selfemployed
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Possibly the dullest question I've ever asked but.. #UK #Freelancers has anyone found an #opensource solution/approach for the upcoming #MakingTaxDigital stuff? Preferably on #Linux ? Absolutely rubbish if it forces me into some proprietary nonsense. #selfemployed
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Possibly the dullest question I've ever asked but.. #UK #Freelancers has anyone found an #opensource solution/approach for the upcoming #MakingTaxDigital stuff? Preferably on #Linux ? Absolutely rubbish if it forces me into some proprietary nonsense. #selfemployed
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Possibly the dullest question I've ever asked but.. #UK #Freelancers has anyone found an #opensource solution/approach for the upcoming #MakingTaxDigital stuff? Preferably on #Linux ? Absolutely rubbish if it forces me into some proprietary nonsense. #selfemployed
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Possibly the dullest question I've ever asked but.. #UK #Freelancers has anyone found an #opensource solution/approach for the upcoming #MakingTaxDigital stuff? Preferably on #Linux ? Absolutely rubbish if it forces me into some proprietary nonsense. #selfemployed
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💰Some thoughts on the potential effects of the introduction of #MakingTaxDigital in the #UK on #FOSS and #plainTextAccounting methods.
#tax #accounting -
💰Some thoughts on the potential effects of the introduction of #MakingTaxDigital in the #UK on #FOSS and #plainTextAccounting methods.
#tax #accounting -
💰Some thoughts on the potential effects of the introduction of #MakingTaxDigital in the #UK on #FOSS and #plainTextAccounting methods.
#tax #accounting