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 ...
A HMRC overhaul from the Labour Party government means the taxman is set to scrap tax returns for nearly 300,000.
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 says up to 300,000 people, including those with side hustles, will no longer need to file a Self-Assessment tax return.
The key difference is that those owing tax below the new £3,000 limit will have the option to pay via an online service, bypassing the self-assessment process, according to HMRC. This implies that tax ...
The department will next month launch a digital service enabling citizens to check their tax code and other info, while also ...
Nearly 300,000 taxpayers could soon be free from the hassle of filing a tax return as the Government moves to raise the ...
MILLIONS on a state pension are set for a smaller pay rise than expected from next month when rates are hiked. The state ...
Families will be forced to dig deep after a wave of price rises kick in all at once from the start of April. But there are ...
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