Updated on 6 April 2025
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Updated on 6 April 2025
Tax credits renewals
The tax credits system closed on 5 April 2025, so no tax credit awards will continue after that date. Most people will have been invited to claim either universal credit or pension credit. Some people may still need to finalise their 2024/25 tax credit claim after 6 April 2025 and this page ...
Updated on 5 December 2019
Loan charge tax return demand unhelpful, says LITRG
LITRG is calling on HMRC to consider using their powers to remove the requirement that those in the loan charge settlement process – who have not settled by 31 January 2020 – should have to file a tax return to report the charge, only to amend it to remove the charge once settlement is reached.
Updated on 25 November 2019
Loan charge review – an update
The loan charge review was originally expected to report in mid-November. Due to the general election on 12 December, the report will now be delivered to the new Government on its formation instead. It could therefore easily be January before any decisions are made. As a result, HMRC have published updated guidance announcing new obligations for many people in the settlement process.
Updated on 25 September 2019
Loan charge – additional information form FAQs
Although an independent review of the loan charge is currently underway, you may still need to complete an ‘additional information’ form for HMRC by 11.59pm on 30 September 2019 (i.e. before 1 October 2019). We know that completing the additional information reporting form may be causing some ...