by Sian Smith | Mar 20, 2025 | Accounting, Business Advice, Local Business, News, Tax
HMRC to close online corporate tax filing service – What it means for your business On 6th March 2025, HMRC announced a significant change that will impact thousands of UK businesses. The government will close free online services for filing company accounts and...
by Kristina Madesen | Mar 7, 2025 | Accounting
Questions to ask an Accountant before hiring them Choosing the right accountant can make a huge difference to your business. A good accountant will save you time, money, and stress, while a bad one could leave you paying more tax than necessary or struggling to keep...
by Kristina Madesen | Feb 28, 2025 | Accounting, Landlords, making tax digital (mtd), Personal Accounting
With Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) rolling out from April 2026, it’s essential to know whether you need to register and how to stay compliant. MTD for ITSA requires certain taxpayers to keep digital records and submit quarterly...
by Kristina Madesen | Feb 10, 2025 | Accounting, Landlords, making tax digital (mtd), News
Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA): What you need to know Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) is set to change the way self-employed individuals, landlords, and sole traders manage their tax obligations. From...
by Sian Smith | Feb 6, 2025 | Accounting, Landlords, making tax digital (mtd), Tax
Making Tax Digital (MTD) for Income Tax As of April 2026, any taxpayer with combined rental income and income from self-employment over £50,000 in 2024-25 will be required to join MTD for Income Tax. These changes are related to income, not profit. They also do not...
by Kristina Madesen | Dec 2, 2024 | Accounting, Personal Accounting, Tax
Filing your personal tax return doesn’t have to be daunting. At BAS, we understand that tax deadlines can bring stress and confusion. Luckily, with the right guidance, you can simplify the process and avoid costly mistakes. The common mistakes to avoid when filing...
