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Who needs to file a Self Assessment Tax Return? The self assessment tax return is an annual requirement for people who do not pay their tax automatically through PAYE. Self assessment tax returns are often submitted electronically to HMRC, with the deadline being 31st January following the end of the tax year. Alternatively, if filing…

Jaffa Cakes: Cake or Biscuit? The age-old debate that was taken to court. Who knew VAT could be interesting? Who would have known that the bounds of confectionery, sweets, chocolates, chocolate biscuits, cakes and biscuits would be taken to court? And why is it so important whether the confectionary in question is a cake or…

Making Tax Digital (MTD) is the name of the Government’s ambition to change the way in which we record financial data and report this information to HMRC. It requires taxpayers to keep digital records, instead of manual ones, and communicate with HMRC using a different reporting system to that which is currently in operation. Why…