House Republicans are divided over whether they would support raising taxes on the wealthy to help pay for President Donald ...

Making Tax Digital (MTD) is a Labour Party government initiative designed to modernise the tax system, improve efficiency, ...

HMRC has announced that sole traders and landlords with an income over £50,000 will be required to use Making Tax Digital (MTD) for Income Tax from 2026. This is what it describes as its 'most ...

"This is the biggest change to personal tax reporting since Self Assessment was introduced (in 1995/96). While MTD aims to ...

Even though the tax deadline has passed, there’s still one step you can take today to make tax management easier moving forward: creating an IRS online account. Whether you’re tracking refunds, ...

There is less than a year to go until sole traders and landlords with an income over £50,000 will be required to use Making ...

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

MPs are urging HMRC to start using AI to improve its productivity and 'out of date' services as the cost of collecting taxes ...

The Commons Public Accounts Committee found the cost of collecting taxes rose by £563 million over the last parliament, while ...

HMRC’s recent consultation on e-invoicing marks a significant step in the UK’s efforts to modernize tax compliance. This ...

According to HMRC, the change is designed to improve accuracy, reduce errors and save time. It believes the digital ...