Check your national insurance record before 5 April 2023
[ad_1] ICAEW urges those planning to claim the UK state pension to check their national insurance (NI) record before 5 April 2023. Currently, voluntary contributions can be made to plug gaps back to April 2006, but this will be curtailed from April. The Tax Faculty has created a checklist of actions. National insurance contributions are […]
Record numbers file self assessment tax returns on time
[ad_1] According to HMRC figures, more than 11.7m taxpayers filed their tax returns before the 31 January 2023 deadline. However, 600,000 taxpayers still missed the deadline. HMRC was expecting around 12.1m tax returns to be filed for the 2021/22 tax year. Of these expected returns, 11.4m were submitted on time, along with 0.3m unsolicited returns […]