Agent dedicated line: HMRC restricts SA repayment queries
[ad_1] From Friday 22 December 2023, progress-chasing queries for self assessment repayments will be redirected to the digital ‘Where’s my reply?’ tool. When HMRC recently announced the restrictions to the self assessment (SA) helpline and agent dedicated line (ADL), it had said that it would deal with calls relating to SA filing, payments and repayments for […]
Estimated tax gap figure remains in line with previous year
[ad_1] HMRC’s released figures estimate that the tax gap has held steady at 4.8% in percentage terms. In real terms, though, the tax gap increased to £36bn, an increase of £5bn from the previous year. ICAEW’s Tax Faculty looks at the key figures. HMRC published its annual data analysing the tax gap on 22 June […]
HMRC relief statistics: costs in line with tax receipts
[ad_1] The annual release of tax relief statistics, published on 12 January 2023, shows a significant rise in the cost of some reliefs. However, overall, the percentage increase in cost between 2020/21 and 2021/22 was less than the increase in tax receipts over the same period. The report shows that the total cost of non-structural […]