Expert Tips

As the 2025–26 tax year kicks in, FileTaxnGo is here to guide landlords through significant changes affecting buy‑to‑let and holiday-let properties

As of 15 May 2025, HMRC has officially extended Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) to apply to sole traders and landlords who earn above certain income thresholds. This is part of HMRC’s plan to modernise and streamline tax reporting – replacing the annual “big return” with ongoing, accurate digital updates throughout the year.

You may have received a recent email from Companies House regarding new identity verification requirements under the Economic Crime and Corporate Transparency Act 2023. This is part of a broader government initiative to make UK companies more transparent and reduce economic crime.

What is a P60, and Why Do You Need It? If you're an employee in the UK, you’ve probably heard of a P60. But what exactly is it, and why is it important? In this blog, we'll explain everything you need to know about a P60, including what it is, when you might need it, and how to access it.

Section 455 applies to unpaid loans directors take from their companies. It’s designed to stop directors from avoiding taxes like those on salaries or dividends. The Rule: Repay any director’s loan within 9 months and 1 day after your company’s financial year-end to avoid S455 tax.

The startup journey is an exhilarating rollercoaster ride. You've poured your heart and soul into your innovative idea, but to turn it into a reality, you'll likely need funding. Fear not, there's a wealth of funding options available, each with its own advantages and considerations. Let's navigate the exciting, yet sometimes bewildering, landscape of startup funding.

An update from OnTheGo Accountants on COVID-19

March 2020 Budget: OnTheGo Accountant’s Summary

From 6th April 2020, if you’re UK resident and sell a residential property in the UK, you’ll have 30 days to report any gains to HMRC and pay any Capital Gains Tax due.