A HMRC overhaul from the Labour Party government means the taxman is set to scrap tax returns for nearly 300,000.
Nearly 300,000 taxpayers could soon be free from the hassle of filing a tax return as the Government moves to raise the ...
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], ...
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 ...
HMRC says up to 300,000 people, including those with side hustles, will no longer need to file a Self-Assessment tax return.
The department will next month launch a digital service enabling citizens to check their tax code and other info, while also ...
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 ...
HMRC to launch new escalation service for agents handling Self-Assessment and PAYE queries more than four weeks old.
Salaried Members Rules - Limited liability partnerships or "LLPs" are common corporate vehicles utilised by the financial ...
Up to 300,000 people, including those with side hustles, will no longer need to file a Self-Assessment tax return ...
His Majesty's Revenue and Customs (HMRC) announced a significant tax update on March 11, raising the Income Tax Self ...
Anyone selling clothes or items they have made on secondhand sites like Vinted and eBay could be required to pay tax under ...