Agents may have to wait longer than normal to speak to an adviser on the agent dedicated line (ADL), especially at peak times, HMRC warns.This is because, from 2 October 2023, the...
Child trust fundsAlmost 430,000 18-21 year olds with an unclaimed child trust fund, worth an average of £2,000, are being urged by HMRC to claim their cash as part of UK...
It is going to be very difficult for the government to deliver meaningful simplification to the tax system without a clear plan, focused resource, accountability and investment,...
HMRC’s new powers to demand further information from taxpayers are too broad, according to the Association of Taxation Technicians.The association has submitted comments on...
Longer prison terms for tax fraud, research and development (R&D) reforms and HMRC data collection requirements are to be scrutinised by the House of Lords Finance Bill...
Plastic packaging tax (PPT) receipts in 2022-23 totalled £276m, according to HMRC statistics. Fully 39% of the total plastic packaging manufactured in and imported into the...
HMRC is consulting on proposed amendment regulations, which allow employers to delay reporting an advance payment of salary made to an employee until payment of the remainder of...
Autumn statement
The autumn statement will take place on 22 November.
tinyurl.com/hmtautst2023
Standard for agents
HMRC has updated its standard for agents information about how it...
The government had, by May 2023, recovered only £20.9m of an estimated £1.1bn in fraud and error losses on the provision of £22.6bn in business support schemes...
Tax receipts for July 2023 were £80.7bn, the highest receipts on record for a month of July and the fourth highest month on record exceeded only by January 2023, 2022, and...