HMRC has reminded crypto users that they should declare any income or gains above the tax-free allowance on a tax return, for example if they have:received cryptoassets from...
Spring BudgetThe chancellor will present his Spring Budget on 6 March 2024.tinyurl.com/hmtnewsdecPAYE thresholdsHMRC has updated its guidance on rates and thresholds for employers...
HMRC has published Agent Update 115 (December 2023). It collates technical updates and reminders including the following.The update confirms that HMRC can now accept digital or...
HMRC will not deal with calls from agents using the agent dedicated line chasing self-assessment (SA) repayments for 2022-23 due to ‘exceptional levels of demand’....
The government is consulting on how to improve transparency of land ownership involving trusts. It is seeking views on whether to widen access to trust information held on the...
It is essential for the making tax digital (MTD) that HMRC has a thorough understanding of smaller businesses, shaped by insight, research, external engagement and expertise, says...
Forty-eight items worth over £52m have been accepted for the nation through Arts Council England’s acceptance in lieu and cultural gifts schemes.Acceptance in lieu...
HMRC received 4,757 self-assessment tax returns on Christmas Day. This compares with 3,275 filed on the same day in 2022. The peak time for filing was between 12 noon and 1pm when...
1 February 2024£100 penalty and extended enquiry window if 2022-23 self-assessment tax returns not filed on or by 31 January 2024.Payment of corporation tax liabilities...
Shona Robison, deputy first minister and cabinet secretary for finance delivered the Scottish government’s 2024-25 Budget on 19 December 2023.Key tax announcements...
After HMRC announced the latest changes to the self-assessment helpline, the Treasury Committee wrote to HMRC chief executive Jim Harra with a series of questions.The committee has...
Twelve voluntary and community sector organisations have been awarded a share of £5.5m to help taxpayers who need extra support with their tax affairs. The awards are managed...