Making Tax Digital exemptions
Learn who can apply for an exemption from Making Tax Digital (MTD) for income tax, and the valid reasons HMRC will accept.
Amanda Ruggles
10 November 2025
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Learn who can apply for an exemption from Making Tax Digital (MTD) for income tax, and the valid reasons HMRC will accept.
HMRC has withdrawn form VAT652 – large VAT errors must now be corrected online or in writing using method 2 procedures.
Big changes from Companies House from 1 April 2027: digital filing only, fewer options for small firms, and more financial info made public.
New HMRC guidance helps salon owners clarify employment vs self-employment when renting out chairs – vital for avoiding tax issues.
It is now more expensive to be late when it comes to making a VAT payment. The slowest payers now face a 250% increase to an annualised rate.
Statutory payments can be problematic to administer for smaller employers, but in a rare instance of generosity HMRC compensates for this.
To enquire about our accounting services in St Albans and the wider Hertfordshire and London areas, contact our office today.
