Announcement – HMRC Cost of living payment text messages
Today, 9 February 2024, HMRC will be sending a text message to eligible tax credit claimants reminding them of the payment dates for the next cost of living payment. ...
Today, 9 February 2024, HMRC will be sending a text message to eligible tax credit claimants reminding them of the payment dates for the next cost of living payment. ...
State pensions are increasing in April 2024, but the point at which most people start to pay tax is staying the same. Here we look ahead some of the problems this might cause. We also give our ideas on how the government could make things easier for state pensioners – some of which we originally sug...
The deadline for sending most online 2022/23 self assessment tax returns to HMRC, and for paying the related tax, is 31 January 2024. If this deadline applies to you, make sure you file your 2022/23 tax return online and pay any tax you owe by 31 January 2024 to avoid penalties and interest....
Despite ongoing efforts by tax professionals up and down the land, we are still seeing a large amount of confusion about the ‘new’ side hustle tax reporting rules for online platforms. There is no new tax on side hustles. Here, we reiterate the main things you need to know, provide a new flowchart t...
The Low Incomes Tax Reform Group has reassured those selling goods and services online that they won’t be subject to a new “side hustle tax”, despite information online in the past few days suggesting otherwise....
Many people make a living from doing things in the gig economy like driving, delivering, or freelancing - often via online platforms such as Uber, Deliveroo and TaskRabbit. Some new HMRC rules are coming into force in January 2024. This news has caused people making money from the gig economy, eithe...