HMRC’s New Tax Rules Will Catch You Out (Be Ready!)

Video Description

HMRC’s new tax rules are rolling out. And, if you’re self-employed or a landlord, you will be affected. In this no-fluff breakdown, I explain exactly what Making Tax Digital (MTD for ITSA) means, who’s caught in the net, and what you actually need to do before your deadline hits. From quarterly reports to sneaky tax year basis changes and overlooked exemptions, this video gives you the clarity you need to avoid fines, faff, and financial facepalms. I’ll even walk you through the top software options and how you could potentially(!) legally avoid MTD altogether. MTD for ITSA Checklist: https://bit.ly/MTD_CHECKLIST Run a small business and need some help with tax and accounts? https://calendly.com/d/z9x-nt6-mhq/discovery-call?utm_source=youtube&utm_medium=video&utm_campaign=hmrc-new-tax-rules Adfin | https://bit.ly/ADFIN_Referral OTHER VIDEOS: https://youtu.be/zpI0tWsGLic https://youtu.be/HPDhJTPrAa8 https://youtu.be/jUH3btl-Fcs TIMESTAMPS 0:00 Changes 0:40 Rumours 3:29 Who's Affected? 4:53 Tax Year Reform 6:25 Important Info 9:25 Do This Now 11:21 How to Avoid MTD 15:38 What Happens if You Don't File? Brand Partnerships/Sponsorships - [email protected] FOLLOW US Facebook - https://bit.ly/Helpbox_Facebook Tiktok - https://bit.ly/Helpbox_Tiktok Instagram - https://bit.ly/Helpbox_Instagram X - https://bit.ly/Helpbox_X LinkedIn - https://bit.ly/Helpbox_LinkedIn [All opinions are my own. All information and advice given is correct at time of filming]