Changes to National Insurance Contribution rates to take effect on 6 April 2024 The Chancellor announced in his Budget on 6 March 2024: a cut to the main rate of Class 1 employee National Insurance Contribution (NICs) rate from 10%…
HMRC have published important informati…
Tax Matters Whatever your work situation, there may always be times when you need to be in contact with HMRC. Here is a list of some of the latest information. Publication of Tax Administration Framework Review Documents The…
Read the latest news and information from HMRC here: At the Autumn Statement in November the government announced a comprehensive set of tax simplification measures to make it easier for businesses and individuals to interact with the tax system. Following…
Latest news and updates Self assessments We’re changing how we let Self Assessment customers and their agents know we’ve issued a Self Assessment BACS electronic repayment. There is no change to the repayment process itself, so customers will still receive…
Help with your tax return is available from HMRC. See their latest bulletin below: Dear customer, We can offer online help if you still need to send us your tax return or make a payment for 2022 to 2023. If…
Latest news from HMRC: Dear customer, As part of Talk Money Week, we want to let you and your employees know about services available online and in the HMRC app that can help boost and manage their finances. For example,…
Latest from HMRC: “Whether you’re new to VAT or would like to refresh your knowledge, take advantage of our online support for the information you need – including the following live webinars. You can ask any questions you may have…
Please see the message below from HMRC Comms colleagues A video was issued on YouTube in summer 2022 promoting the HMRC app and advising individuals why and how to notify HMRC if they have a change of personal or…
Changes to reporting income from self-employment and partnerships From 5 April 2024, all sole trader and partnership businesses whose accounting year doesn’t end on or between 31 March to 5 April will need to report their taxable profits to us…
