Capital gains tax (CGT) may be due when you sell a second home or a property that has not been occupied as your main home for the entire period of ownership. For sales of UK homes completed since 6 April 2020 any CGT due must be declared and paid within 30 days.

HMRC is starting to take a tougher approach with traders who have not signed up to MTD. Most VAT registered businesses were required to comply with the making tax digital (MTD) regulations for VAT periods beginning on or after 1 April 2019.