Business and Tax News - Self Employed

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May 24th 2022
Tax Week 7
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SELF EMPLOYED - NEWS

Tax Year Basis Period for Accounts From April 2024

SELF EMPLOYED

Tax Year Basis Period for Accounts From April 2024

The self employed and partnerships will need to switch to accounting inline with the tax year from April 2024, with transitioning the year before.
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Tax Year Accounting Basis Period By 2023

SELF EMPLOYED

Tax Year Accounting Basis Period By 2023

Self Assessment through Making Tax Digital to force accounting period based on tax year.
Income Assessment Change For Self Employed Mortgage Applicants

SELF EMPLOYED

Income Assessment Change For Self Employed Mortgage Applicants

The lender Santander is to base applicant income on earlier tax periods for those affected by pandemic.
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