New penalties to apply to taxpayers testing making tax digital

[ad_1] HMRC has explained how penalties will be charged where volunteers testing making tax digital income tax self assessment are late in making a payment or submitting a return. HMRC has published guidance on the late submission and payment penalties that apply where a person volunteers to test making tax digital income tax self assessment […]

Taxpayers will start to use GOV.UK One Login

[ad_1] From May 2024, taxpayers accessing HMRC’s online services for the first time will be asked to create a GOV.UK One Login account. HMRC has announced that from May 2024, some taxpayers who do not have a Government Gateway account will be prompted to create a GOV.UK One Login account.  At this stage GOV.UK One […]

1.1 million taxpayers miss self assessment filing deadline

[ad_1] While a record 11.5 million self assessment tax returns were filed by 31 January, the number missing the deadline increased by 100,000. If this article is supporting your professional development, it can count towards your verifiable CPD hours. Use the pop up at the bottom right corner of your screen to add reading this […]

HMRC reminds self-employed taxpayers about end of tax credits

[ad_1] On 6 December 2023, HMRC emailed self-employed taxpayers who are still claiming tax credits to remind them to check their tax credit and self assessment records in advance of migrating to universal credit. After many years, the end of tax credits is in sight. By the end of the 2023/24 financial year, HMRC plans […]

Taxpayers should prepare to provide more information to HMRC

[ad_1] Draft legislation released on 18 July indicates that business and individual taxpayers will be required to provide more information, from creative sector relief regimes to PAYE reporting, to HMRC in the coming years. The additional requirements are being introduced over the next few years. HMRC argues that this will help it to:  provide better […]

HMRC’s tips to help protect taxpayers

[ad_1] HMRC has provided information about how taxpayers can help protect themselves when dealing with their tax affairs. HMRC has asked ICAEW to share some tips to help protect taxpayers when they interact with the tax system. An edited version is shared below. Don’t share your tax login details Never share your HMRC login details […]

Self assessment taxpayers to be moved to digital filing

[ad_1] HMRC is contacting almost 135,000 taxpayers who currently file paper self assessment (SA) tax returns to tell them that they will need to phone HMRC if they require a paper form. The SA forms will no longer be available to download from As part of HMRC’s digital by default approach, HMRC is contacting […]