Bookkeeping Bites – Know your ITSA from your SATR!!

🤷‍♀️🤦ITSA-bitsa-NEW 🤦🤷‍♀️Know what we are cracking on about? Nope? Well, read on…
 
🤓 ‘ITSA’ is Big-G HMRC ‘s new acronym for 💥Income Tax Self Assessment 💥
 
🤓And from April 2024, all sole traders and landlords 💥with income above £10k 💥will need to send their ITSA returns 💻📲DIGITALLY 📲💻
 
(Hold on to the seat of your 🩲🩲here comes another acronym)
 
🤓Digitally using 💥MTD 💥 (Making Tax Digital) software…
 
🤓 Undoubtedly one of the biggest 🔥⚡️shifts ⚡️🔥in tax return culture in a LONG, LONG TIME…
 
❓❓Wanna find out more ❓❓Well, short and 🐊snappy🐊 it ain’t, but this from Big G says it all…
 
https://www.gov.uk/government/publications/making-tax-digital-for-business-stakeholder-communications-pack/making-tax-digital-for-business-stakeholder-communications-pack#find-out-more-about-mtd-for-income-tax
 
😍😍😍Stay safe everyone 😍😍😍