Where are HMRC at with MTD?

Making Tax Digital (MTD) is an HMRC initiative designed to make sure the UK tax system is effective, efficient and easier for taxpayers.

Making Tax Digital for business has already begun with MTD for VAT.

What is Tax Avoidance

Tax avoidance involves bending the tax rules to try to gain a tax advantage that was never intended. Tax avoidance does not pay, as most schemes do not work.

Top 10 worst tax return excuses

HMRC revealed some of the worst excuses submitted last year for late tax returns.

The 10 worst excuses for missing the 31 January Self Assessment deadline were revealed.

Latest hot topics and trending

A general round up of current issues doing the rounds from various sources, Established on going topics featured include Making Tax Digital and IR35 whilst trending subjects such as electric vehicles get a mention.

Current Tax/NI Rates & Thresholds

A useful resource for individuals, Employees and Employers summarising all the latest tax allowances and thresholds. Unless otherwise stated, these figures apply from 6 April 2021 to 5 April 2022.

Autumn Budget Summary

Our summary of the main points of the Chancellors latest budget. Contains Information relating to Individuals, Employees and Employers.
Please note that some items are still to be rubber stamped and or we await further Government/HMRC details.

Brilliant Accountants ltd

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Accountants in Milton Keynes

Suite 29
Milton Keynes Business Centre
Foxhunter Drive
Linford Wood
Milton Keynes
MK14 6GD
01908 686860
07712 121212
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Company No: 09614811
VAT Reg No: 215217639
ICPA Membership No: BRI060
Money Laundering Registration No: 12827629
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