As part of agent update 112 published 20th September 2023, HMRC have provided a response to a submitted question around … Continue reading Overcharged Student Loan for those who Self Assess who have payrolled benefits in kind
Tag: #SelfAssessment
Change of circumstances – Do you need to complete a Self Assessment tax return?
If someone has had a change in circumstances, then they might need to complete their first ever Self Assessment tax … Continue reading Change of circumstances – Do you need to complete a Self Assessment tax return?
August 2023 Employer Bulletin
HMRC have issued the August 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to … Continue reading August 2023 Employer Bulletin
First day Self Assessment filing doubles
More Self Assessment customers are submitting their tax return on the first day of the tax year. The number of … Continue reading First day Self Assessment filing doubles
Want to check your tax code?
Now we are in the new tax year, it may be a suitable time to check your tax code. Millions … Continue reading Want to check your tax code?
LITRG explains how to challenge Self-Assessment late filing penalties
Taxpayers who have been fined for failing to file their Self-Assessment tax return on time may be able to have … Continue reading LITRG explains how to challenge Self-Assessment late filing penalties
One week left to file Self Assessment for the remaining 3.4 million outstanding
Millions still to file their Self Assessment tax return with one week left. With one week to go until the … Continue reading One week left to file Self Assessment for the remaining 3.4 million outstanding
From pensioners to teenagers, who files a tax return
People aged 65 and over accounted for 16% of those who filed a tax return for the 2020 to 2021 … Continue reading From pensioners to teenagers, who files a tax return
It’s a cracker! 3,275 file tax returns on Christmas Day
As millions of people enjoyed Christmas festivities, for 3,275, Christmas Day was the perfect time to file their Self Assessment … Continue reading It’s a cracker! 3,275 file tax returns on Christmas Day
Get your Self Assessment wrapped up in time for Christmas
With Christmas nearly here, HM Revenue and Customs (HMRC) is encouraging Self Assessment filers to put their tax return at … Continue reading Get your Self Assessment wrapped up in time for Christmas
It’s the season of Self Assessment!
With the 31st January 2023 fast approaching, many UK taxpayers will need to be progressing their Self Assessment filing for … Continue reading It’s the season of Self Assessment!
Online payment plans help 21,600 pay their Self Assessment bill
Self Assessment filers are using the self-serve Time to Pay facility to spread the cost of their tax bill. Since … Continue reading Online payment plans help 21,600 pay their Self Assessment bill
Self Assessment taxpayers could be fraudsters target
HMRC are always detecting new tax scams. Beware of fraudsters offering refunds or tax rebates in the run up to … Continue reading Self Assessment taxpayers could be fraudsters target
Over eight million households to receive second Cost of Living Payment from 8th November 2022
The £324 Cost of Living Payment, which follows on from a £326 payment made from July, is part of £1,200 … Continue reading Over eight million households to receive second Cost of Living Payment from 8th November 2022
142,000+ use payment plans to pay Self Assessment bill
HMRC's online Time to Pay facility has been used by more than 142,000 Self Assessment filers since April 2021, helping … Continue reading 142,000+ use payment plans to pay Self Assessment bill
Scammers targeting Self Assessment
HMRC warning to be on their guard as scammers target unsuspecting Self Assessment filers to try and steal money or … Continue reading Scammers targeting Self Assessment
Fraudsters seek to hijack personal tax accounts
HM Revenue and Customs (HMRC) is warning tax payers not to share sensitive personal information online to avoid their identities … Continue reading Fraudsters seek to hijack personal tax accounts
One week to file your Self Assessment return
About 1.5 million have just one week left to complete their late Self Assessment tax return. Time is running out … Continue reading One week to file your Self Assessment return
100,000 spread their Self Assessment tax bill
Almost 100,000 Self Assessment filers have used online payment plans to spread the cost of their tax bill into manageable … Continue reading 100,000 spread their Self Assessment tax bill
HMRC gives Self Assessment taxpayers more time to ease COVID-19 pressures
HM Revenue and Customs (HMRC) is waiving late filing and late payment penalties for Self Assessment taxpayers for one month … Continue reading HMRC gives Self Assessment taxpayers more time to ease COVID-19 pressures
2,828 ’elf Assessments filed on Christmas Day
More than 31,000 Self Assessments submissions for the 2020 to 2021 tax year over the festive period. HM Revenue and … Continue reading 2,828 ’elf Assessments filed on Christmas Day
Self Assessment – Don’t be scammed!
800,000 tax-related scams were reported in the last 12 months HM Revenue and Customs (HMRC) is preparing to issue emails … Continue reading Self Assessment – Don’t be scammed!
Just some extra cash!
HM Revenue and Customs (HMRC) are reminding individuals that obtaining additional income from various sources may need to be declared … Continue reading Just some extra cash!
Self Assessment countdown begins
There are 100 days to go until the deadline for online tax returns on 31st January 2022. Last year, 96% … Continue reading Self Assessment countdown begins
Get ready for Self Assessment
The deadline to complete a tax return for the 2020 to 2021 tax year is approaching. HM Revenue and Customs … Continue reading Get ready for Self Assessment
Furlough – the Ending credits of an epic
In early 2020, the world was introduced to the ‘furlough’ word as UK PLC closed down with 80% wages covered … Continue reading Furlough – the Ending credits of an epic
Need to register for self assessment?
HMRC are reminded those who need to undertake self-assessment this time that didn’t need to last time need to register … Continue reading Need to register for self assessment?
63,500 file Self Assessment on first day of tax year
More than 63,500 filed their 2020 to 2021 tax return online on 6 April 2021 and almost 950,000 online Self … Continue reading 63,500 file Self Assessment on first day of tax year
COVID-19 support – what’s available and actions you or your clients may need
Dear Payadvice Ltd, I’m writing to you with the latest information about financial support schemes available to help your clients as … Continue reading COVID-19 support – what’s available and actions you or your clients may need
Self-Employment Income Support Scheme fourth grant
Find out if you’re eligible for the fourth grant which will cover the period February 2021 to April 2021. Also … Continue reading Self-Employment Income Support Scheme fourth grant
Set up Self Assessment payment plans by 1st April 2021
Self Assessment taxpayers have until 1st April 2021 to pay any outstanding tax liabilities in full or set up an … Continue reading Set up Self Assessment payment plans by 1st April 2021
File tax returns now to prevent penalties
Self Assessment taxpayers have less than one week to submit their late tax returns to prevent a £100 penalty. While … Continue reading File tax returns now to prevent penalties
More help for Self Assessment taxpayers
HM Revenue and Customs announces Self Assessment taxpayers will not be charged the 5% late payment penalty if pay their … Continue reading More help for Self Assessment taxpayers
10.7 million tax returns filed by 31st January deadline
More than 10.7 million people have submitted their Self Assessment tax returns for the 2019 to 2020 tax year by … Continue reading 10.7 million tax returns filed by 31st January deadline
Self Assessment 2021 – update
Dear @PAYadvice, On 25th January HMRC announced that Self Assessment customers will not receive a late filing penalty for their … Continue reading Self Assessment 2021 – update
No Self Assessment late filing penalty for those who file online by 28th February 2021
Self Assessment customers who cannot file their tax return by the 31 January 2021 deadline will not receive a late … Continue reading No Self Assessment late filing penalty for those who file online by 28th February 2021
Changes to late filing penalty for 2019-20 Self Assessment returns
Dear @PAYadvice, Today HMRC has announced that Self Assessment customers will not receive a penalty for filing their 2019-20 tax … Continue reading Changes to late filing penalty for 2019-20 Self Assessment returns
Fascinating facts! Self-Assessment
HM Revenue and Customs shares some little-known facts about Self Assessment ahead of the 31 January 2021 deadline. Almost 100,000 … Continue reading Fascinating facts! Self-Assessment