Author: Muhammad Akram

Introduction: Becoming a landlord in the UK can be a profitable venture, but tax compliance is complex and constantly evolving. From the moment you begin letting your property, there are numerous tax obligations to navigate. Missing even one detail can result in overpaid tax, fines, or serious issues with HMRC. At Accountancy & Tax Crew,…

Big news for self-employed individuals and landlords! HMRC is rolling out significant changes under its Making Tax Digital (MTD) initiative, and it’s crucial to understand how these changes will affect you. This isn’t just a minor tweak; it’s a fundamental shift in how income tax is reported. Let’s break down what’s happening, who it impacts,…