Tax allowance cuts and freezes, and tax returns
Whether tax allowance cuts and freezes will mean a tax return is required to be submitted. The number of taxpayers is rising, but HMRC does not want to add to the self-assessment numbers
08 April 2024
HMRC to replace Government Gateway service
HMRC's announcement that, from May 2024, it will become one of the first Government departments to implement the new gov.uk One Login service, which will eventually replace Government Gateway accounts as a single identity check and login system to access all central Government services
New late payment interest and penalties
HMRC’s new late payment penalty and interest regime, which the Government started consulting on around seven years ago
CGT on UK property - a few quite interesting points
Taxpayers who have sold a property, which was not their main residence, must file a capital gains tax (CGT) return within 60 days of completion if a chargeable gain arises. However, there are some interesting rules that could catch taxpayers out
Another HMRC helpline closure
With 31 January looming, HMRC’s announcement, at very short notice, of new restrictions on its self-assessment helpline
29 November 2023
Another self-assessment threshold change
Further changes to who needs to file a self-assessment return. For tax year 2023/24, the self-assessment threshold for individuals taxed through PAYE only, will change from £100,000 to £150,000. From the tax year 2024/25, the threshold is being abolished altogether for employees, regardless of their level of earnings