Nov 3, 2025 | 2025, FAQ, HMRC, Income Tax, Making Tax Digital, Self-Assessment
At North Devon Accounts, we know that any tax changes can sound daunting to small business owners. Making Tax Digital (MTD) is one of those phrases that makes people sigh and think “another rule to learn.” But there’s another way to look at it. From April 2026, MTD...
Oct 3, 2025 | 2025, Making Tax Digital, Self-Assessment, Tax
North Devon Accounts will guide you through Making Tax Digital and keep you fully compliant. Important update about Making Tax Digital HMRC is changing the way many self employed people and landlords report their income tax. This is called Making Tax Digital for...
Mar 1, 2025 | 2025, HMRC, Self-Assessment, UTR
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...
Sep 18, 2023 | FAQ, HMRC, Income Tax, Landlords
The ability to legally assign an income tax repayment, or the right to an income tax repayment, to a third party has been removed by HMRC from March 15 this year, meaning any repayment will remain the legal property of the taxpayer in question. The change affects...
Sep 11, 2023 | Business Start Ups, Excise Duty, FAQ, HMRC
Up to 38,000 pubs and bars which have seen cuts in the tax they pay on the draught products they serve will be better off thanks to changes to the way that Alcohol Duty is calculated from August 1, 2023. The cuts will make pints and other products sold on tap 11p...
