Clay Shaw Thomas Blog Labour introduces harsher penalties for late taxpayers

The Chancellor's Spring Statement introduced harsher penalties for late taxpayers under Making Tax Digital for Income Tax Self Assessment (MTD for ITSA). With the Government confirming an extension to sole traders and landlords earning more than £20,000 from April 2028, a lot more taxpayers - an estimated 900,000 - will need to pay tax via... The post Labour introduces harsher penalties for late taxpayers appeared first on Clay Shaw Thomas.