Preparing for Your 2023/24 Tax Return

A close up of a calendar with numbers on it, which is used for tax return preparation.

As the new tax year has commenced, we at Mercian Accountants would like to offer you some advice on managing your self-assessment tax returns. By staying informed of the upcoming tax deadlines and understanding the nuances of the process, you can be better prepared for your tax responsibilities and avoid any last-minute stress. When to…

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HMRC Investigates Airbnb Landlords with Short-Term Lettings

house-by-lake

HMRC is writing to landlords who may have undeclared income from short-term lets and holiday homes – with online platforms such as Airbnb and Booking.com now obliged to provide payment data to the government. The number of individuals with unreported income on second homes is believed to be around 700,000, about a third of landlords…

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