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HMRC

HMRC's First Making Tax Digital Quarterly Deadline Passes, Early Penalties Issued

HMRC confirms most mandated sole traders and landlords met the first Making Tax Digital quarterly deadline, though penalty notices have already gone out to late filers.

Publisher · 2 min

HMRC

HMRC's Points-Based Penalty Regime Takes Shape as August Deadlines Bite for Outstanding 2024/25 Returns

HMRC has confirmed how its points-based penalty system for Making Tax Digital will operate, as daily and tax-geared penalties continue to accrue on Self Assessment returns for 2024/25 that remain outstanding.

Publisher · 3 min