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 | 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...
by Kristina Madesen | Nov 5, 2024 | Accounting, Personal Accounting, Tax
Filing a personal tax return is an essential annual responsibility. While some individuals choose to tackle this task on their own, there are numerous benefits to hiring an expert. Here’s why hiring a tax expert might be a wise move. Accuracy: Tax returns demand...
by Kristina Madesen | Sep 24, 2024 | Accounting, Personal Accounting, Tax
Filing a personal tax return can seem like a labyrinthine task, especially if you’re new to it or your financial situation has changed. Here are some essential tips and insights for your Personal Tax Return Who needs to file? Not everyone is required to file a tax...
by Kristina Madesen | Sep 18, 2024 | Accounting, Personal Accounting, Tax
How confident are you in completing your tax return? Many taxpayers miss out on valuable opportunities to maximise their tax position simply because they’re unaware of the strategies available to them. Around £500 million in tax refunds go unclaimed each year due to...
by Kristina Madesen | Aug 5, 2024 | Accounting, Personal Accounting, Tax
Filing a personal tax return can be daunting, especially with the intricate details and rules involved. Even a small error can lead to fines or missed tax-saving opportunities. That’s why we’re here to help you avoid these common pitfalls. At BAS, we...
