Tag Archives: tax penalties

Key changes from last Budget – what taxpayers need to know about payments, penalties and MTD

Budget 2025

The latest Budget included several important changes that will affect how small businesses and taxpayers will manage tax reporting, digital record-keeping, and payment deadlines over the next few years. Here are the key changes to income tax payments, penalties, and Making Tax Digital (MTD) you should know about. If you run a small business, it’s […]