Sophie Daykin, Author at Daykin Scott

Sophie Daykin

December 3, 2025

How Much Does a Self-Assessment Tax Return Cost? A Friendly Guide to What You Should Be Paying

As part of its ongoing efforts to modernise the UK tax system, HM Revenue & Customs (HMRC) is rolling out Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA). This initiative aims to streamline tax reporting, reduce errors, and encourage the use of digital record-keeping.
November 26, 2025

Autumn Budget 2025: The Complete Guide for Individuals and Business Owners

As part of its ongoing efforts to modernise the UK tax system, HM Revenue & Customs (HMRC) is rolling out Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA). This initiative aims to streamline tax reporting, reduce errors, and encourage the use of digital record-keeping.
November 6, 2025

Making Tax Digital for ITSA: What You Need to Know Before 2026

As part of its ongoing efforts to modernise the UK tax system, HM Revenue & Customs (HMRC) is rolling out Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA). This initiative aims to streamline tax reporting, reduce errors, and encourage the use of digital record-keeping.
February 12, 2025

Selling a Property Abroad: Tax Implications for UK Residents

Selling a property abroad can feel like navigating a labyrinth of legal, financial, and tax considerations. If you’re a UK tax resident, you’ll need to carefully manage the tax implications that come with such transactions.
January 15, 2025

Tax Season 2025: What You Need to Know Before the January 31st Deadline

At Daykin Scott Accountants, we’re here to ensure you don’t fall into the last-minute rush or risk costly penalties. Here’s everything you need to know to get ahead this tax season.
November 13, 2024

HMRC warns landlords to disclose earnings

As the self-assessment deadline approaches, HMRC is urging landlords to ensure they've accurately reported their rental income. If you've overlooked any income or claimed incorrect expenses, it's crucial to address the issue promptly.
October 14, 2024

Taxation for Freelancers and Contractors: A UK Guide

If you're a freelancer or contractor in the UK, it's crucial to understand your tax obligations. Unlike employees who have their taxes deducted from their pay, freelancers and contractors are responsible for self-assessment. This means you'll need to calculate and pay your income tax and National Insurance contributions (NICs) directly to HMRC.
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