Changes will reflect the rise in interest rates
HMRC late payment rates to be revised
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Personal Tax
HMRC reminds couples to claim marriage allowance
Eligible couples can transfer over £1,000 to their partner.
HMRC aims to collect more data for tax returns
Taxpayers may need to disclose working hours and job titles.
HMRC issues £1.87m in fines for tax mistakes
The number of penalties went up by 80%.
Crypto owners not fully aware of tax liabilities
More than half of investors are unsure of CGT rules.
35% increase in higher rate taxpayers since 2019
1.8 million extra taxpayers pay higher rates of income tax.
Tax gap remains steady at 5.1%
Findings reflect taxes being paid correctly.
HMRC targets rogue tax refund agents
A 12 week consultation has launched to look at protective measures.
Risk of double taxation for SEISS claimants
LITRG warns taxpayers to be wary of self-assessment mistakes.
Homeowners warned about stamp duty scam
Incorrect refund claims could lead to high tax bills.
Over 65,000 file self-assessment on first day
Almost 300,000 more than the first tax day of 2018.
Interest on late taxes raised to 3.5%
Move by HMRC follows increase in basic interest rate.
Work-from-home tax relief changes in 2022/23
Lifting of restrictions means workers may not qualify this year.
HMRC urges people to claim tax breaks
Financial support could be available for you.
Thousands benefit from time to pay scheme
The deadline has now passed for self-assessment submissions.
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