Making Tax Digital
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[Written Question] Councillors: Income Tax
Question by: Zöe Franklin Answering Body: Treasury Question: To ask the Chancellor of the Exchequer, how councillor-related expenses should be reported under Making Tax Digital for Income Tax where a councillor also has self-employed or property income above the relevant threshold.
[Written Question] Councillors: Income Tax
Question by: Zöe Franklin Answering Body: Treasury Question: To ask the Chancellor of the Exchequer, whether HMRC has issued guidance for councillors on the application of Making Tax Digital for Income Tax; and whether further guidance is planned.
[Written Question] Councillors: Income Tax
Question by: Zöe Franklin Answering Body: Treasury Question: To ask the Chancellor of the Exchequer, whether councillors will continue to be able to claim allowable expenses against PAYE councillor income under Making Tax Digital for Income Tax; and what mechanism will apply for claiming such expenses.
[Written Question] Councillors: Income Tax
Question by: Zöe Franklin Answering Body: Treasury Question: To ask the Chancellor of the Exchequer, whether councillors whose only income is a PAYE councillor allowance and related expenses are within the scope of Making Tax Digital for Income Tax.
[Written Question] Income Tax: Self-assessment
Question by: Lord Mackinlay of Richborough Answering Body: Treasury Question: To ask His Majesty's Government how many letters about the requirement to file quarterly Making Tax Digital returns have been sent out in error to taxpayers whose qualifying income is below the initial £50,000 threshold; and if so, what has been the maili
[Written Question] Taxation: Self-assessment
Question by: Harriet Cross Answering Body: Treasury Question: To ask the Chancellor of the Exchequer, what estimate she has made of compliance costs incurred by businesses as a result of Making Tax Digital requirements.
Meta hits out at Labor's plan to make tech giants pay for news
Meta hits out at Labor's plan to make tech giants pay for news Thu 4 Jun 2026 at 12:22pm In short: Meta, the parent company of Facebook and Instagram, has criticised Labor's proposed Media Bargaining Incentive. The plan would see large digital platforms taxed up to 2.25 per cent of Australian revenue unless they strike deals to pay for local journalism. The draft laws will be introduced into parliament later this year.
ITR filing FY 2025-26: Top 10 points to check before submitting tax return
It is that time of the year again, when focus shifts to Income Tax Return(‘ITR’) filing. The tax filing deadline for the Financial Year (‘FY’) 2025–26 is approaching and taxpayers have commenced to gather documents like Form No. 16, other tax deduction statements, investment proofs, bank interest statements, capital gains reports, and other necessary financial information for preparing and filing their tax returns. Besides compliance, ITR also serves as a vital document frequently reviewed...
Seattle mayor shrugs off millionaire-tax concerns as 44% of business leaders consider leaving
Seattle Mayor Katie Wilson said concerns about wealthy residents and businesses leaving Washington over rising taxes are "overblown" during an interview on Wednesday. "So today, do you still feel the narrative of the rich leaving is still overblown," FOX 13 Seattle co-anchor Hana Kim asked Wilson. "So, I still think that claims of a large exodus of rich people due to our statewide millionaire tax that the legislature passed this year are overblown," Wilson responded with a chuckle.
Meta accuses Australia of breaching FTA, invokes US 'trade action'
Meta accuses Australia of breaching FTA, invokes US 'trade action' SYDNEY, June 4 : Meta accused Australia of violating a free trade agreement with the U.S. by proposing a new tax on certain tech giants which do not strike licensing deals with local media, escalating a dispute which has simmered for half a decade. The $1.6 trillion Facebook and Instagram owner said a proposal to tax platforms 2.25 per cent of all Australian revenue - including revenue unrelated to social media - was...