The government has officially confirmed in the Autumn Budget 2024 that Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is going ahead. No more speculation, it’s happening! Here’s the big news: From July 2029 at the latest, sole traders and landlords...
Tax Return Information and TipsTime flies, doesn’t it? I know it’s a cliché, but it really is true. This time of year, seems to arrive before we know it, and suddenly, your to-do list feels endless. Amid all the chaos, don’t forget about one crucial task: your...
This is a question that many people may wonder but if you are new to Xero or have had the software for a while and don’t know how to navigate your way around then Xero training is advisable. Xero accounting software is an online system that helps to eliminate manual...
Let’s talk MTD (Making Tax Digital) for ITSA (Income Tax Self-Assessment) and how Perfect Balance can help! *** Important - the rules apply to total gross income – so if you have a small business earning £8,000 a year and a property earning £5,000 a year in rental...