A HMRC overhaul from the Labour Party government means the taxman is set to scrap tax returns for nearly 300,000.

The income self tax assessment reporting threshold for trading income is set to increase from £1,000 to £3,000 gross by 2029.

HMRC has announced a major change to the way it collects tax on 'side hustles' with a new £3,000 threshold - but you will ...

The government said this week it wanted “to make it easier for Britons to make the very most of their entrepreneurial spirit” ...

The government plans to raise the reporting threshold for trading income – here is how it could help your side hustle ...

The government says it is making it easier for online sellers, drivers, and dog walkers by raising a key threshold ...

HMRC is poised to lift the threshold for filing self-assessment tax returns to £3,000, a move expected to spare an estimated ...

HMRC will no longer ask hundreds of thousands of people with side hustles to file a tax return under new plans unveiled this ...

Data provided by HMRC to AccountingWEB revealed that of the 11.5m self assessment (SA) tax returns filed before the deadline of 31 January 2025 [1], ...

This will benefit around 300,000 taxpayers. An estimated 90,000 of them will have no tax to pay and no reason to report their ...

Client has dabbled in investments over the years.  HMRC opted to take him out of self assessment 2 years ago and put him into the Simple Tax Assessment ...

Up to 300,000 people, including those with side hustles, will no longer need to file a Self-Assessment tax return ...