Nov 21, 2023 | Personal Tax
Tax advisers are urging the Government to review its plans to extend Making Tax Digital (MTD) rules to landlords and self-employed individuals. In a letter to the new financial secretary to the Treasury, Nigel Huddleston, the Chartered Institute of Taxation (CIOT) and...
Nov 20, 2023 | Personal Tax
According to the latest data, self-assessment payments via the HMRC app have trebled since April 2023. The data reveals that nearly 100,000 customers leveraged the app's speed and simplicity to pay £121 million in tax for the 2022/23 tax year, marking a threefold...
Nov 10, 2023 | Personal Tax
In a bid to boost financial wellbeing, HMRC has advised married couples and those in civil partnerships to take just 30 seconds of their time to assess their eligibility for marriage allowance. By utilising HMRC's online marriage allowance calculator, couples can...
Oct 19, 2023 | Personal Tax
Approximately 12 million people are expected to submit a self-assessment tax return for the 2022 to 2023 tax year before the deadline on 31 January 2024, leaving the door open for scammers. After receiving reports of more than 130,000 tax scams between September 2022...
Oct 18, 2023 | Personal Tax
The Association of Taxation Technicians (ATT) has warned that "severely outdated" mileage rates leave motorists out of pocket. Providing that their employer uses HMRC-approved rates, employees can be reimbursed for business travel tax-free, according to ATT.). For...
