Jan 5, 2023 | Government AnnouncementsPersonal Tax
Nearly 5.7 million taxpayers are yet to file their self-assessment tax returns, with less than a month left before the deadline on 31 January. HMRC is urging customers to submit their returns as soon as possible to avoid missing the deadline and facing an automatic...
Jan 4, 2023 | Government AnnouncementsPersonal Tax
A total of 3,275 taxpayers filed their annual self-assessment tax returns on Christmas Day 2022, according to HMRC. Over 22,000 customers logged onto the HMRC website to submit their online form for the 2021/22 tax year between 24 and 26 December. HMRC reported that...
Jan 3, 2023 | Government Announcements
HMRC is raising interest on tax debt from 6 January 2023 after the Bank of England (BoE) increased its base rate to 3.5% on 15 December. The current interest rates that HMRC charges are as follows: late payment interest rate - 6% from 6 January 2023 repayment interest...
Dec 23, 2022 | Government Announcements
The Charity Commission has updated the set of questions on the 2023 annual return following a consultation this summer. Changes and improvements to the annual return were made in response to feedback from the charity sector and interested parties, and will give a...
Dec 21, 2022 | Government Announcements
The Treasury has announced that the Spring Budget will be held on 15 March 2023, just under four months after the Autumn Statement was revealed on 17 November 2022. Chancellor of the Exchequer Jeremy Hunt confirmed that the Budget will be accompanied by a forecast...
