#makingTaxDigital providers for #selfEmployed

VAT direct - run by one man, promises to be free for basic use, mentions #libreOffice Don't expect pretty!

abratax: nice looking website but no prices known (I asked). Start is free but what then? Why commit without knowing the bill?

123e-filing: DO NOT TOUCH. Extremely poor security and data management.

taxnav - free for first year then £72.

absolute tax - excel based, tested on "apple machines with excel" ... unlikely to work

#mtditsa

He Earns More in an Hour as Spider-Man Than a Full Day at his Old Supermarket Job

https://fed.brid.gy/r/https://www.goodnewsnetwork.org/he-earns-more-in-an-hour-as-spider-man-than-a-full-day-at-supermarket/

AuDHDers: tired of burning out trying to make self-employment work?

A lot of solopreneur advice assumes people work in the same way, but Autistic and AuDHD founders have totally different strengths and challenges.

I'm launching a new course soon: Work for Yourself Without Burning Out

http://www.autismchrysalis.com/audhd-solopreneur

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#ActuallyAutistic #AuDHD #AutisticBusiness #NeurodivergentEntrepreneur #AutisticFreelancer #SelfEmployed #Solopreneur

‘Death of the traditional tax return’ as biggest shake-up in 30 years hits South Wales

From April 6, a radical new regime known as Making Tax Digital (MTD) will become mandatory for anyone with a gross income above £50,000 per year, marking the end of an era for paper-based filing.

Experts have described the overhaul as the most significant change to the UK tax system since the introduction of self-assessment nearly 30 years ago in 1997.

Regional accountancy firm Azets, which has offices in Swansea and Cardiff, is urging local business owners to act now to avoid falling foul of the new HMRC rules.

Under the new system, qualifying individuals will no longer be able to submit a single annual return; instead, they must keep digital records and provide updates to the taxman every single quarter.

Fraser Campbell, UK Head of ABAS at Azets, has confirmed that the shift represents a major digital reporting obligation for hundreds of thousands of landlords and sole traders.

“MTD truly signifies the death of the traditional income tax return,” Mr Campbell has said, adding that the April deadline is now “fast approaching.”

The changes are set to affect an estimated 864,000 individuals nationwide from next month, with that number predicted to soar to nearly three million within just three years.

While the initial phase targets those earning over £50,000, the threshold is set to drop to £30,000 in April 2027 and further still to £20,000 by 2028.

HMRC has said the move will bring the tax system closer to “real-time,” providing businesses with more accurate financial information throughout the year.

However, the transition requires the use of specific MTD-compatible software, and experts are warning that those who haven’t yet modernised their processes could face a scramble to comply.

“Preparation, planning ahead and taking advice at the right time are key for compliance,” Mr Campbell has stated, urging those in South Wales to check their qualifying income immediately.

Tired of burning out trying to make self-employment work?
You're not failing.

The advice you've been following just wasn't built for Autistic and AuDHD brains.
"Just show up on video every day!" NO! "Network constantly!" NO! "Hustle harder!" NO!

I'm launching a new course soon: Work for Yourself Without Burning Out
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#ActuallyAutistic #AuDHD #AutisticFreelancer #SelfEmployed #Solopreneur

Baker given 'unrealistic' AI picture of cake, but the results are 'even better'

https://fed.brid.gy/r/https://www.mirror.co.uk/lifestyle/food-drink/baker-given-unrealistic-ai-picture-36705196