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Making Tax Digital scheme five times over initial budget
The Chartered Institute of Taxation (CIOT) has criticised HMRC’s handling of the Making Tax Digital project, saying it has spiralled out of control. What’s happened, and what is the latest timetable for rollout?
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Deadline to catch up on NI contributions extended
An opportunity to fill gaps in your NI contribution history back to 2006 was due to end on 31 July 2023. The government has just announced that this will be extended. What's the new deadline?
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HMRC resource shortage spreads to self-assessment
HMRC has announced that the general self-assessment helpline will be closed to taxpayers for several months. When will it reopen, and what should you do in the meantime?
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HMRC launches online application for time to pay arrangements
HMRC has launched an online application process for VAT time to pay arrangements. Is this option available for your business?
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Latest AFRs released. What's new?
HMRC has published its latest advisory fuel rates for company cars. Diesel rates have been cut, reflecting falling pump prices. What’s the full story?
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Tax return threshold to rise in 2023/24
HMRC has announced a change in the threshold at which taxpayers need to complete a tax return. What's the new threshold, and what do you need to do if affected?
