Some self-employed taxpayers have been affected by an issue where their 2024/25 tax calculations wrongly included class 2 National Insurance. HMRC have now provided an update.
If you live in England, Wales or Northern Ireland and you expect your income in the 2025/26 tax year to be more than £35,000, you have until 15 September 2025 to opt out of receiving this year’s winter fuel payment.
New figures from HMRC suggest that around 216,000 unrepresented landlords and self-employed businesses will be legally required to sign up for the new Making Tax Digital for Income Tax (MTD) regime by April 2026.1 The Low Incomes Tax Reform Group (LITRG) is encouraging taxpayers to get ...
The Low Incomes Tax Reform Group (LITRG) has welcomed the publication of HMRC’s long-awaited Transformation Roadmap, setting out a bold program of digitally-focussed enhancements to its current way of administering the tax system.
HMRC are reminding parents of 16 to 19 year olds to go online and extend their child benefit claim by 31 August to continue payments.