Articles and information in relation to UK Payroll for business, employers and employees.
HMRC is urging those who receive a Simple Assessment letter this summer to check it carefully and pay any tax owed by the deadline. HMRC will send Simple Assessment letters for the 2025 to 2026 tax year this summer. The letters are sent to those who have tax to pay on income that has not been … Continue reading Do not to ignore Simple Assessment letters
People who have stopped receiving benefits but still refuse to repay money owed to the Department for Work and Pensions (DWP) could be banned from driving under sweeping new powers that have come in. Fraudsters and debtors who refuse to pay face tough new consequences including direct deductions from bank accounts, as new laws come into force. Debtors will begin receiving updated letters from Tuesday 24th June 2026, warning them to get in touch and pay up. This is part … Continue reading Driving bans for those who refuse to repay benefit debts
Correction to some Plan 2 student loan balances. The Student Loans Company (SLC) is contacting some Plan 2 repayment employees about corrections to their balances. Around 71,000 (approximately 1.3% of current Plan 2 debts) have been affected by technical issues. SLC and HM Revenue and Customs (HMRC) are very sorry that this happened. Those affected … Continue reading The Student Loans Company (SLC) is contacting some Plan 2 customers about corrections to their balances
HMRC interest rates for late payments will be revised following the Bank of England interest rate cut to 3.75% on 18th December 2025. The Bank of England Monetary Policy Committee announced on 18th December 2025 to reduce the Bank of England base rate to 3.75% from 4.00%. HMRC interest rates are linked to the Bank of … Continue reading HMRC revises interest rates
As part of the June 2025 Employers Bulletin, HM Revenue and Customs (HMRC) shared an update on raising ‘disputed charges’. The name does not bode well with an implied fight with the nations tax collector, for that reason HMRC had perviously changed the name to ‘Charge Resolution’ as that was more aligned to the reality … Continue reading HMRC disputed charges
HM Revenue and Customs (HMRC) automatically do a Simple Assessment if you owe tax they can’t collect through your PAYE tax code vi your employer or pension and you aren’t registered for Self Assessment. They work out what you owe then write to tell you how much this is and when you need to pay … Continue reading Received an HMRC Simple Assessment letter?
New crypto specialist will help the insolvency agency trace rising number of digital assets held by individuals in bankruptcy and criminal cases Number of insolvencies where crypto is identified as an asset has increased 420% in five years More than £500,000 in cryptoassets identified in insolvency cases last year – 364 times higher than in … Continue reading Dedicated crypto specialist to help recover online assets
The latest statistics for Insolvency Service enforcement outcomes… outline Covid loan abuse and bankruptcy restriction orders. More than 1,000 directors disqualified following Insolvency Service investigations. Of these, 736 were banned for Covid loan abuse. The report also highlights the average length of a ban was eight years. The Insolvency Service enforcement outcomes report for … Continue reading More than 1,000 directors disqualified in 2024-2025
If you have been struggling with debt for some time and need a fresh start this New Year, the Insolvency Service has sources of information and practical solutions to relieve serious financial burdens. There are many options available to help deal with serious personal debt problems and there are a range of debt-relief options available. … Continue reading Start your journey out of debt