HMRC tax returns scrapped for thousands under rule change from this week
A HMRC overhaul from the Labour Party government means the taxman is set to scrap tax returns for nearly 300,000.
HMRC makes £3,000 limit change as households face £600 tax bill
HMRC has announced a major change to the way it collects tax on 'side hustles' with a new £3,000 threshold - but you will ...
HMRC set to spare thousands after deciding to 'treble' much-hated threshold
The government said this week it wanted “to make it easier for Britons to make the very most of their entrepreneurial spirit” ...
AccountingWEB21h
Self assessment stats flag digital tax challenges ahead
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], ...
Business Matters3d
HMRC raises threshold for self-assessment to £3,000
HMRC is poised to lift the threshold for filing self-assessment tax returns to £3,000, a move expected to spare an estimated ...
HMRC tax change for 300,000 side hustlers - including eBay sellers
The government says it is making it easier for online sellers, drivers, and dog walkers by raising a key threshold ...
MoneyWeek on MSN3d
Side hustle tax changes: HMRC reforms could save thousands from filing self-assessment tax returns
The government plans to raise the reporting threshold for trading income – here is how it could help your side hustle ...
GlobalData on MSN1d
UK to increase income tax self-assessment reporting threshold
HMRC to launch new escalation service for agents handling Self-Assessment and PAYE queries more than four weeks old.
HMRC issues new £3,000 allowance for thousands of people
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 ...
FTAdviser3d
Nearly 300k people will not need to file tax return amid HMRC changes
The income self tax assessment reporting threshold for trading income is set to increase from £1,000 to £3,000 gross by 2029.
LondonLovesBusiness2d
Removing ‘side hustle’ taxpayers from Self-Assessment obligations will help free up the UK’s ‘clogged’ tax system
Discover how removing ‘side hustle’ taxpayers from Self-Assessment can unclog the UK tax system for faster processing.
AccountingWEB1d
Does HMRC link up Simple Tax and Self Assessment
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 ...