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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.
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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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 ...
An HMRC overhaul from the UK Government means some big changes for hundreds of thousands of people - here is all you need to ...
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.
HM Revenue & Customs recently published figures that show it generated £1.8bn more than expected from private sector roll-out ...
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 said this week it wanted “to make it easier for Britons to make the very most of their entrepreneurial spirit” ...
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Nottinghamshire Live on MSNHMRC introduces new rule for anyone making money from a side hustleHis Majesty's Revenue and Customs (HMRC) announced a significant tax update on March 11, raising the Income Tax Self ...
The income self tax assessment reporting threshold for trading income is set to increase from £1,000 to £3,000 gross by 2029.
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GlobalData on MSNBDO backs UK exemption for low-income traders from self-assessment filingHowever, the company noted that this was a “missed opportunity” to further ease administrative burdens on a broader scale.
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