A HMRC overhaul from the Labour Party government means the taxman is set to scrap tax returns for nearly 300,000.
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” ...
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], ...
HMRC is poised to lift the threshold for filing self-assessment tax returns to £3,000, a move expected to spare an estimated ...
The government says it is making it easier for online sellers, drivers, and dog walkers by raising a key threshold ...
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MoneyWeek on MSNSide hustle tax changes: HMRC reforms could save thousands from filing self-assessment tax returnsThe government plans to raise the reporting threshold for trading income – here is how it could help your side hustle ...
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GlobalData on MSNUK to increase income tax self-assessment reporting thresholdHMRC to launch new escalation service for agents handling Self-Assessment and PAYE queries more than four weeks old.
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 ...
The income self tax assessment reporting threshold for trading income is set to increase from £1,000 to £3,000 gross by 2029.
Discover how removing ‘side hustle’ taxpayers from Self-Assessment can unclog the UK tax system for faster processing.
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 ...
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