HMRC: Update tax credit account or risk overpayment

Those in receipt of tax credits must tell HM Revenue & Customs (HMRC) about any changes in their circumstances before 31 July or risk overpayment, it has been warned.

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Self-assessment taxpayers can “automatically defer payments on account”, HMRC confirms

Self-employed taxpayers due to make a payment on account can automatically defer the payment until 31 January 2021, it has been confirmed.

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Chancellor orders review into Capital Gains Tax system

The Chancellor, Rishi Sunak, has commissioned a report into the UK’s Capital Gains Tax (CGT) system, it has been announced.

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COVID-19 – HMRC relax inheritance tax process

HM Revenue & Customs (HMRC) has announced changes to the inheritance tax (IHT) process to ensure minimal disruption because of the coronavirus pandemic.

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HMRC: Self Assessment payment on account deferral scheme open to ALL taxpayers

The Self Assessment payment on account deferral scheme will apply to all taxpayers, not just the self-employed, it has been revealed.

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Couples celebrate Valentine’s Day with £250 tax break

HM Revenue & Customs (HMRC) is urging civil partners and spouses to celebrate Valentine’s Day by claiming the Marriage Allowance.

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HMRC: Record 11 million file Self-Assessment tax return before 31 January deadline

According to the latest data from HM Revenue & Customs (HMRC), a record 11.1 million taxpayers filed their tax returns before the deadline on 31 January.

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National Insurance Contributions threshold to rise from April 2020

The National Insurance Contributions (NICs) threshold will increase to £9,500 per year from April 2020, the Government has confirmed.

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3,000 taxpayers file Self Assessment on Christmas day

More than 3,000 Self Assessment returns were filed on Christmas day, HM Revenue & Customs (HMRC) has revealed.

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IR35: HMRC launches updated CEST service

HM Revenue & Customs (HMRC) has launched an updated Check for Employment Status for Tax (CEST) service ahead of the introduction of the IR35 off-payroll working rules for the private sector on 6 April 2020.

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IR35: HMRC loses £243,000 tax case

HM Revenue & Customs (HMRC) has lost a case against an IT Consultant that the tax body deemed liable for £243,000 in tax under the IR35 rules.

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Nine in 10 off-payroll workers incorrectly paying tax, says HMRC

HM Revenue & Customs (HMRC) has published new guidance on changes to off-payroll working rules coming into effect in the private sector next year.

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IR35: BBC Presenter loses appeal over £400,000 tax bill

Television presenter Christa Ackroyd has lost an appeal at the Upper Tribunal over her tax status at the BBC.

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Time to think about tax returns, says HMRC

Is it that time of the year already? Today, HM Revenue & Customs (HMRC) has reminded taxpayers that they have just 100 days to go until the 31 January tax return deadline.

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HMRC issues second Brexit bulletin for employers

HM Revenue & Customs (HMRC) has issued its second Brexit bulletin for UK employers, issuing guidance relating social security for employees working in the European Union (EU), European Economic Area (EEA) and Switzerland.

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