HMRC's new taxation rules for freelancers will mean significant adjustments
HMRC

HMRC's new taxation rules for freelancers will mean significant adjustments

4m Accountancy Age , Reporters

HMRC's new taxation rules for freelancers will mea...

Navigate the complexities of HMRC's new tax rules for freelancers and partnerships with our in-depth analysis of the upcoming changes for the 2024-25 ...

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Self Assessment threshold change: Solution or problem?
HMRC

Self Assessment threshold change: Solution or problem?

8m David Wright , ATT technical officer

Self Assessment threshold change: Solution or prob...

ATT technical officer, David Wright, considers the implications of HMRC’s decision to remove employees with income between £100,000 and £150,000 from ...

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Telecoms solution to ‘remove the pain’ of HMRC wait times
Accounting Firms

Telecoms solution to ‘remove the pain’ of HMRC wait times

9m Sam Alberti

Telecoms solution to ‘remove the pain’ of HMRC wai...

The tax authority has faced increasing backlash due to dwindling service levels in recent months Read More...

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HMRC set to close self-assessment helpline for three months
HMRC

HMRC set to close self-assessment helpline for three months

10m Sam Alberti

HMRC set to close self-assessment helpline for thr...

The closure is intended to reduce the burden on HMRC phone lines and prioritise 'urgent' cases Read More...

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ATT: Taxpayers must seek HMRC support amid “enormous” financial strain
HMRC

ATT: Taxpayers must seek HMRC support amid “enormous” financial strain

1y Sam Alberti

ATT: Taxpayers must seek HMRC support amid “enormo...

Nearly six million self-assessment taxpayers are still yet to file returns Read More...

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HMRC seeks views on changes to self-assessment registration
Personal Tax

HMRC seeks views on changes to self-assessment registration

2y Helen Thornley , ATT Technical Officer

HMRC seeks views on changes to self-assessment reg...

Are taxpayers aware of their self-assessment obligations before they come to you? In a consultation due to close shortly, HMRC is looking at whether t...

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Be wary of penalties despite "welcome" self assessment deadline extension, experts say
Personal Tax

Be wary of penalties despite "welcome" self assessment deadline extension, ...

2y Maria Volpe

Be wary of penalties despite "welcome" self assess...

With just a matter of days to go, tax advisers offer a reminder of the applicable penalties and how to avoid them Read More...

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MTD for income tax delay “welcome” but concerns remain, industry argues
Making Tax Digital

MTD for income tax delay “welcome” but concerns remain, industry argues

2y Sam Alberti

MTD for income tax delay “welcome” but concerns re...

The postponement must not distract from the "unmanageable" requirements of MTD Read More...

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ATT urges caution over new company winding up rules
Tax

ATT urges caution over new company winding up rules

6y Accountancy Age

ATT urges caution over new company winding up rule...

New rules relating to the winding up of a company and treatment of resulting distributions apply to tax returns for the year ending 5 April 2017 Read ...

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HMRC urged to clarify impact of income allowances on Self-Assessments
Personal Tax

HMRC urged to clarify impact of income allowances on Self-Assessments

6y Accountancy Age

HMRC urged to clarify impact of income allowances ...

The Low Incomes Tax Reform Group (LITRG) has urged HMRC to clarify changes around income allowances that will come into force next year to prevent con...

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Majority of tax payers file self-assessment returns online
Administration

Majority of tax payers file self-assessment returns online

8y Fraser Simpson , Reporter

Majority of tax payers file self-assessment return...

Around nine in ten tax payers use HMRC's online self-assessment service to calculate and pay the tax they owe Read More...

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HMRC extends tax deadline for Storm Desmond victims
Accounting Standards

HMRC extends tax deadline for Storm Desmond victims

8y Fraser Simpson , Reporter

HMRC extends tax deadline for Storm Desmond victim...

The tax watchdog is giving businesses and individuals extra time to submit their self-assessments due to the 'extreme nature' of the floodings Read Mo...

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Advisers outline fears as HMRC gets digital
Administration

Advisers outline fears as HMRC gets digital

8y Fraser Simpson , Reporter

Advisers outline fears as HMRC gets digital

Practitioners sceptical over HMRC's ability to deliver a fully digital tax system by 2020, finds Fraser Simpson Read More...

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Millions filling ‘unnecessary’ tax returns
Personal Tax

Millions filling ‘unnecessary’ tax returns

9y Calum Fuller , Reporter

Millions filling ‘unnecessary’ tax returns

Millions of UK taxpayers completing unnecessary self-assessment forms, despite HMRC removing 400,000 from process each year Read More...

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HMRC waives £100 fines for late self-assessment filers
Personal Tax

HMRC waives £100 fines for late self-assessment filers

9y Calum Fuller , Reporter

HMRC waives £100 fines for late self-assessment fi...

Late self-assessment taxpayers see their £100 penalties waived when they provide reasonable mitigation, as HMRC focuses on tax avoiders Read More...

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Self-assessment receipts boost government coffers
Personal Tax

Self-assessment receipts boost government coffers

9y Kevin Reed , Writer

Self-assessment receipts boost government coffers

UK surplus climbs in January, as self assessment receipts higher than last year Read More...

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‘Biggest self-assessment ever’ as more than ten million file
Personal Tax

‘Biggest self-assessment ever’ as more than ten million file

9y Calum Fuller , Reporter

‘Biggest self-assessment ever’ as more than ten mi...

HMRC receives 10.24 million self-assessments by 31 January deadline Read More...

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Third record-breaking year in row for Christmas self-assessments
Personal Tax

Third record-breaking year in row for Christmas self-assessments

9y Calum Fuller , Reporter

Third record-breaking year in row for Christmas se...

Christmas Day self-assessment submissions up 13%, HMRC says Read More...

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Tardy clients cause the biggest self assessment bugbear
Accounting Firms

Tardy clients cause the biggest self assessment bugbear

10y Kevin Reed , Writer

Tardy clients cause the biggest self assessment bu...

Advisers want faster, clearer communications with clients during the self assessment filing season, finds a Wolters Kluwer/Accountancy Age survey Read...

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Record self-assessment returns as HMRC unmoved on deadline
Personal Tax

Record self-assessment returns as HMRC unmoved on deadline

10y Calum Fuller , Reporter

Record self-assessment returns as HMRC unmoved on ...

Ten million barrier falls for self-assessment returns, despite calls to push back deadline day Read More...

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Call for HMRC to relax self-assessment deadline
Personal Tax

Call for HMRC to relax self-assessment deadline

10y Calum Fuller , Reporter

Call for HMRC to relax self-assessment deadline

ACCA calls on HMRC to relax deadline to accommodate first-time self-assessment taxpayers Read More...

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Paperless self-assessment on the way, says HMRC
Personal Tax

Paperless self-assessment on the way, says HMRC

10y Calum Fuller , Reporter

Paperless self-assessment on the way, says HMRC

HMRC launches consultation on bringing through wholly paperless self-assessment Read More...

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AAT: Micro-businesses deterred by digital tax system
Corporate Tax

AAT: Micro-businesses deterred by digital tax system

10y Calum Fuller , Reporter

AAT: Micro-businesses deterred by digital tax syst...

The UK's smallest businesses and the self-employed feel left behind by the tax system's move to digital submissions Read More...

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Former bank chief defeats taxman in 'careless error' tribunal
Personal Tax

Former bank chief defeats taxman in 'careless error' tribunal

11y Calum Fuller , Reporter

Former bank chief defeats taxman in 'careless erro...

Tribunal rules against HMRC over its decision to refuse to suspend a penalty over a careless inaccuracy made by ex-bank CEO David Testa Read More...

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Taxman sends out 850,000 penalty notices
Personal Tax

Taxman sends out 850,000 penalty notices

11y Calum Fuller , Reporter

Taxman sends out 850,000 penalty notices

HM Revenue & Customs issues 850,000 penalty notices to taxpayers late in filing their self-assessment returns Read More...

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Taking Stock: Good job there's not a loud music tax
Accounting Firms

Taking Stock: Good job there's not a loud music tax

11y Taking Stock

Taking Stock: Good job there's not a loud music ta...

Musical tax skits on Youtube - they all sound the same to us old-timers Read More...

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Record 9.61 million file returns on time
Personal Tax

Record 9.61 million file returns on time

11y Calum Fuller , Reporter

Record 9.61 million file returns on time

After the 31 January deadline elapsing, HMRC announces a record high for on-time self-assessment tax returns Read More...

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