HMRC has published Agent Update 103 (December 2022). It brings together the latest technical updates and reminders, including the following.It confirms that GOV.UK guidance has...
HMRC has provided updates on basis period reform. They cover easements for provisional figures, provision of overlap relief figures and HMRC’s communications strategy and are...
HMRC’s compliance work generated around £9bn less tax revenue than normal during the pandemic as thousands of staff moved to support Covid-19 schemes, according to the...
HMRC received 3,275 self-assessment tax returns on Christmas day. This compares with 2,828 filed on the same day in 2021. The peak time for filing was between 12 noon and 1pm when...
HMRC has taken steps to improve the turnaround time in dealing with repayment VAT claims for the self-builders DIY scheme.The scheme allows people building a new dwelling which...
The Treasury has confirmed that making tax digital for income tax will be delayed for two more years.In a written statement, Victoria Atkins, financial secretary to the Treasury,...
From 1 January 2023 until 31 January 2023, HMRC has announced that the agent dedicated line (ADL) will be able to answer questions on complex self-assessment queries only. The...
John Swinney, deputy first minister, delivered the Scottish government’s 2023-24 Budget on 15 December 2022. However, his speech had been postponed for 30 minutes while...
Pensions are treated more favourably by the tax system as a vehicle for bequests than they are as a retirement income vehicle. The sooner this anomaly is addressed the better, says...
The government should think again about its plans to make it compulsory for self-employed businesses and landlords to keep digital records and report their income quarterly from...