Oct 13, 2025 | 2025, Current Guides, HMRC, Landlords, Making Tax Digital, Property, Self-Assessment, Tax
If you’re a landlord, a major change is on the way. From April 2026, HMRC will extend Making Tax Digital (MTD) for Income Tax to those with property income over £50,000. At North Devon Accounts, we know tax changes can feel overwhelming, so here’s a clear guide to...
Mar 1, 2025 | HMRC, Self-Assessment, UTR, Vault
Your Unique Taxpayer Reference (UTR) is your unique 10 digit code that identifies you to HMRC. Who needs one? Any individual or entity which needs to file a tax return will need a Unique Taxpayer Reference, also known as a UTR. You will receive one when you register...
May 1, 2023 | Business Start Ups, FAQ, Information, PAYE, Payroll, Vault
Payroll services can be a great asset for business owners who want to ensure accuracy, reduce costs, and streamline payroll management. By using a payroll service, you can cut time spent on tax filing and other mundane tasks, save money by avoiding costly mistakes or...
Aug 1, 2022 | Information, News, QuickBooks, Tax, Vault
Companies and sole traders who have not yet finalised their plans to comply with Making Tax Digital are in the last chance saloon this month, and the very latest date you have to comply with MTD for paying VAT is August 7. That is the latest date on which you will...
Jun 27, 2022 | Business Start Ups, Expenses, FAQ, Information, Making Tax Digital, News, Tax, Vault
If you are unlucky enough to be fined for a late filing, then the way in which any appeal can be made changed as of May 7. Prior to this, HMRC had temporarily reintroduced the ability to bulk appeal late filing penalties for income tax in 2020 and 2021. But from now...
