Category: Corporate Tax

Overview of Making Tax Digital for Tax Returns and VAT

Making Tax Digital (MTD) is an initiative of the UK government that it took in 2015. It characterizes transformation to the way in which taxpayers record their financial transactions and submit their tax returns online. According to HM Revenue and Customs (HMRC), MTD is intended to make management easier, effective, and efficient for all taxpayers […]

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PAYE accountants

Stamp Duty

Stamp Duty Land Tax (SDLT) is a tax paid by anyone who purchases a property or land in England, Wales and Northern Ireland. The existing SDLT threshold is £125,000 for residential properties and £150,000 for non-residential land and properties. If the Property is freehold then following SDLT rates are applicable: Residential Property Rates Non-residential and […]

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