We often get asked questions about UTR (Unique Taxpayer Reference) numbers. There is a lot of misunderstanding about what a UTR is and what it isn’t. For example, did you know that having a UTR does not necessarily mean someone is self-employed? Read on to find out more about what a UTR does and ...
The Low Incomes Tax Reform Group (LITRG) has welcomed the publication of a report by the House of Commons’ Public Accounts Committee highlighting the ‘conscious choices’ being made by HMRC and HM Treasury that have resulted in the continuing deterioration of HMRC customer service levels.
HM Revenue & Customs (HMRC) have started to issue PAYE codes for the next tax year – 2024/25. You may receive a paper coding notice (form P2), or alternatively an email notification that your new code is available to see in your personal tax account (PTA). In this article, we look at some of ...
This month HMRC are writing to around 100,000 unrepresented self-employed individuals or trading partnerships who do not have an accounting period ending between 31 March and 5 April. The letter is highlighting significant new changes to how these businesses will need to report their accounting ...
HMRC issue some tax refunds automatically. In other cases, you need to actively claim tax refunds. For example, for job-related expenses that you paid for yourself, you need to make a claim by completing form P87. For refunds relating to the 2019/20 tax year, you need to make your claim by 5 ...
From today, 16 February 2024, HMRC is making cost of living payments to eligible tax credit claimants. The payments will be made between 16 and 22 February 2024.