Dossier
sole traders
Coverage of sole traders in the Nexus archive.
- New tax deadline for landlords and sole traders is this Friday: Here's everything you must know to dodge big fines...
A new tax deadline for landlords and sole traders is this Friday, with potential fines for non-compliance. The article outlines key information to avoid penalties.
- Sole traders hold off on HMRC's Making Tax Digital scheme as fewer than half have registered ahead of August deadline
Sole traders are delaying registration for HMRC's Making Tax Digital tax scheme, with fewer than half enrolled ahead of the August deadline. The scheme requires digital tax record-keeping but faces low adoption rates among small business owners.
- Fewer than 3 in 10 register for HMRC's Making Tax Digital shake-up
Fewer than 30% of sole traders and landlords have registered for HMRC's Making Tax Digital (MTD) reporting system for the new tax year. The low uptake persists despite marketing efforts and impending fines for non-compliance.