The late filing penalty waiver for self-assessment tax returns filed by 28 February 2022 will also apply to the reporting of overclaimed Covid-19 grants, HMRC has...
HMRC has launched a call for evidence on how it can improve the UK’s customs system by simplifying processes for traders and embracing innovation. In particular, it is asking...
Health and social care levyHMRC has published new guidance on how National Insurance contributions will increase when the health and social care levy comes into effect on 6 April...
There are currently nine people in the making tax digital (MTD) for income tax self-assessment pilot, HMRC has confirmed. It explains this is because it is starting with a...
The 2022-23 thresholds for plans 2 and 3 student loans have been frozen at their 2021-22 rates of £27,295 a year and £21,000 a year respectively, announced Michelle...
The amount paid in inheritance for April 2021 to December 2021 was £4.6bn, according to HMRC statistics.Noting that is £0.6bn higher than the same period a year earlier...
From 6 April 2022 the interactive pdf known as HMRC’s online end-of-year expenses and benefits service, used to submit P11D and P11D(b) will no longer be available. Instead,...
Businesses in the UK are transforming to future-proof their tax functions against an array of persistent challenges that are disrupting the way they operate, according to the...
1 March 2022Payment of corporation tax liabilities for accounting periods ended 31 May 2021 for small and medium-sized companies not liable to pay by instalments.Review HMRC car...
Reports of scam HMRC phone calls have fallen by 97% over the past 12 months, according to the department’s latest statistics. Figures peaked at 79,477 in March 2021 and fell...
HMRC has launched a consultation seeking views on the technical guidance on the requirement for large businesses to notify HMRC when they take an uncertain tax position.The initial...
Automatic appointments with the Pension Wise service should be trialled as part of a renewed commitment from the government to support people to make better decisions in...