Jan 27, 2023 | Current AffairsGovernment Announcements
In a hearing on Thursday (26 January), HMRC chief Jim Harra told the Public Accounts Committee that the level of small business tax debt is growing. This can be partly attributed to businesses struggling with poor economic conditions as inflation soars and the cost of...
Jan 26, 2023 | Government AnnouncementsPersonal Tax
HMRC has revealed that the average wait time for its self-assessment helpline is 27 minutes - more than double the same time last year. In response to a letter from the Treasury earlier this month, HMRC denied that call centre staff working from home caused a decrease...
Jan 20, 2023 | Government Announcements
In order to cut down phone waiting times and provide taxpayers with the information they're seeking, HMRC has announced the launch of a new text service. Launched on 19 January, the tax support system will send taxpayers links to relevant Government website pages to...
Jan 18, 2023 | Government AnnouncementsPersonal Tax
Despite Making Tax Digital for income tax self-assessment (MTD for ITSA) being delayed until at least 2024, the switch to tax year basis will still go ahead from 2024/25 onwards. This means self-assessment customers will be subject to income tax on their profits in...
Jan 17, 2023 | Government Announcements
The Association of Accounting Technicians (AAT) has cautiously welcomed HMRC's response to its recent consultation on protecting repayment claimants. At the moment, while one-third of the tax sector is unregulated, it causes two-thirds of complaints to HMRC. This lack...
