Starting a new job can be daunting, especially in sectors where pay, tax or benefits can be more complicated than usual. As well as having lots of helpful guidance on our website for people on ‘pure’ employment or self-employment scenarios, we also have help and support for people in specific jobs o...
The Chancellor set out the Autumn Budget and Spending Review with plans to ‘build back better’ over the rest of the Parliament. With public finances in a stronger position than expected, it focused on investing in public services, driving economic growth, leading the transition to net zero and suppo...
Release: Immediate: Wednesday 27 October 2021The Low Incomes Tax Reform Group (LITRG) is reminding taxpayers in Self Assessment who want to submit a paper tax return for 2020/21 that they have just a few days left before the 31 October deadline. Paper returns which reach HMRC after Sunday 31 October...
If you have a new source of income which you need to declare for tax purposes, you may need to notify HMRC by 5 October following the tax year in which the new source began. This is so that HMRC can issue you with a tax return for completion. Although you should try and meet the deadline, all is not...
If you started your own self-employed business during the Coronavirus pandemic and did not have a National Insurance number (NINO) then you may not be properly registered for Class 2 National Insurance contributions (NIC). This article explains who may be affected and why, what this means for you...
High income child benefit charge has not been uprated since its introduction and now catches basic rate taxpayersConcern that this benefit charge hits larger families hardestWorry about knock-on impact on National Insurance credits...