HM Revenue & Customs (HMRC) have started to send letters to some people who earn money from making sales on online marketplaces such as Amazon, Etsy and eBay. We explain more about these letters and what to do if you receive one.
If you want to claim tax relief on employment expenses via a form P87, you will now need to provide your Employer’s PAYE reference number. Some employees may not know this number and may not be able to find it easily as it is not always included on payslips. Here we tell you some different places ...
The Low Incomes Tax Reform Group (LITRG) is reminding taxpayers that the deadline for submitting most online 2021/22 Self-Assessment tax returns is less than two weeks away, on 31 January 20231. Unlike for the previous two years2, LITRG is not expecting HMRC to allow ...
The deadline for sending most online 2021/22 Self Assessment tax returns to HMRC, and for paying the related tax, is 31 January 2023. Due to the coronavirus pandemic, HMRC allowed taxpayers more time to file their tax return and pay the tax before charging penalties for the previous two years. ...
The Low Incomes Tax Reform Group (LITRG) have given a broad welcome to HMRC’s plans to tighten up the tax refund company market - but are urging them to translate these plans into reality as soon as possible for taxpayers who need to claim tax relief.
If you move in with your partner, or if you separate, then your liability to the high income child benefit charge might be affected. We have recently updated our guidance to help you understand how the charge might be impacted by such a change in circumstances, and what to do when you are ...