What’s Next for MTD?

What’s Next for MTD?

Now that the online VAT portal has closed and Making Tax Digital (MTD) has already begun its rollout, a lot of people are asking – what’s next for MTD? Well, VAT was just the start. Over the next few years, MTD will extend to other forms of tax, so it’s important to get ahead and […]

What Was Announced In The Recent Fiscal Statement?

What Was Announced In The Recent Fiscal Statement?

Disclaimer: All of the information in this article was factually correct at the time of publishing. In his first fiscal announcement as Chancellor of the Exchequer, Kwasi Kwarteng set out several measures to cut taxes and support families across the country with the cost of living crisis. Not all of the changes were met with […]

Why You Should Do Your Tax Returns Early

Why You Should Do Your Tax Returns Early

Understandably, procrastination is common when it comes to your tax returns. They aren’t the highlight of everyone’s year. If you put things off until the last minute, you run the risk of running out of time and incurring the wrath of HMRC. Here’s why Fairmans thinks you should start your tax returns early. Tax return […]

What’s New for Property Tax in 2022?

What’s New for Property Tax in 2022?

So much has changed for property tax in the last few years that it’s hard to keep up – with updated reliefs, new reporting requirements, and broader tax changes all affecting landlords and property investors. We’ve revisited some key changes you should be aware of this year. Recap: what changed in 2021? Among other changes, […]