Voting age to be reduced to 16

[Deleted member 317777]

No they aren't, they've been taking difficult decisions and have a way to go yet.

Self employed people won’t waste a vote on Labour in the next election.

They have no idea how to help SE, they just don’t have a clue.

 

[denso13]

Self employed people won’t waste a vote on Labour in the next election.

They have no idea how to help SE, they just don’t have a clue.

You are entitled to your opinion of course.

 

[Deleted member 317777]

You are entitled to your opinion of course.

It will be reflected in the voting figures.

As if the SE don’t have enough to do!

Labour- Let’s make it harder for the SE, and more expensive! Let’s make a painter and decorator file an extra 4 times on top of their end of year.

 

[denso13]

It will be reflected in the voting figures.

As if the SE don’t have enough to do!

Labour- Let’s make it harder for the SE, and more expensive! Let’s make a painter and decorator file an extra 4 times on top of their end of year.

You are entitled to your opinion of course.

 

[Deleted member 317777]

You are entitled to your opinion of course.

Have I touched a nerve ?

You’ve realised Labour are useless and I’m right about them.

Thank you

 

[denso13]

Have I touched a nerve ?

Not at all, you're entitled to your opinion, I have a different one. That's the way it works.

 

[Deleted member 317777]

Not at all, you're entitled to your opinion, I have a different one. That's the way it works.

So to clarify, You think 4 more tax returns a year is a good idea for all SE ?

 

[denso13]

You think 4 more tax returns a year are a good idea for all SE ?

If that's true I'd need to look in to why it has changed. But, in general, I don't necessarily support everything they do.

 

[crystal ball]

So to clarify, You think 4 more tax returns a year is a good idea for all SE ?

Do you have link?

 

[ajrtd]

Self employed people won’t waste a vote on Labour in the next election.

They have no idea how to help SE, they just don’t have a clue.

They certainly know how to help themselves.

 

[algas]

Self employed people won’t waste a vote on Labour in the next election.

They have no idea how to help SE, they just don’t have a clue.

They dont have a clue about anything.

 

[denso13]

So to clarify, You think 4 more tax returns a year is a good idea for all SE ?

Do you have more info on this?

 

[Deleted member 317777]

Do you have more info on this?

Making Tax Digital (MTD) is a UK government initiative aimed at modernizing the tax system by requiring businesses and individuals to keep digital records and submit tax returns using compatible software.

Digital Record Keeping: Businesses and individuals must maintain their accounting records digitally (i.e., no paper ledgers).

• Compatible Software: Submissions must be made using MTD-compliant software that can communicate with HMRC’s systems.
• Quarterly Updates: Instead of filing one annual return, businesses may be required to send updates to HMRC every quarter.

Who Does It Apply To?

• VAT-registered businesses over the VAT threshold (£90,000 from April 2024) must follow MTD rules for VAT.
• Smaller VAT-registered businesses (under the threshold) can voluntarily join but will be required to comply eventually.
• MTD for Income Tax Self Assessment (MTD for ITSA) is set to roll out from April 2026 for self-employed people and landlords with income over £50,000 (over £30,000 from April 2027).

 

[Deleted member 317777]

So by 2027 just about every SE business will be digital and have to send a return 5 times a year!!

Sound alike a real joy to me.

 

[denso13]

Making Tax Digital (MTD) is a UK government initiative aimed at modernizing the tax system by requiring businesses and individuals to keep digital records and submit tax returns using compatible software.

Digital Record Keeping: Businesses and individuals must maintain their accounting records digitally (i.e., no paper ledgers).

• Compatible Software: Submissions must be made using MTD-compliant software that can communicate with HMRC’s systems.
• Quarterly Updates: Instead of filing one annual return, businesses may be required to send updates to HMRC every quarter.

Who Does It Apply To?

• VAT-registered businesses over the VAT threshold (£90,000 from April 2024) must follow MTD rules for VAT.
• Smaller VAT-registered businesses (under the threshold) can voluntarily join but will be required to comply eventually.
• MTD for Income Tax Self Assessment (MTD for ITSA) is set to roll out from April 2026 for self-employed people and landlords with income over £50,000 (over £30,000 from April 2027).

It was enacted by the Tories in 2021?

Making Tax Digital for Income Tax

Find out about using Making Tax Digital for Income Tax, including software choices and step by step guidance for sole traders, landlords, and their agents.

www.gov.uk