Vaping-related businesses and supply chains need to register now for Vaping Products Duty (VPD) and the Vaping Duty Stamps (VDS) Scheme, says HMRC. Businesses need to provide the required information now to register for HMRC approval and begin the process…
There is now less than a year to go before all employers must tax benefits-in-kind via the payroll, the Chartered Institute of Taxation has warned. Benefits-in-kind are non-cash benefits provided by employers to employees or directors. Common benefits include company…
The start of the new tax year on 6 April 2026 will bring contentious changes with it, warns the Chartered Institute of Taxation (CIOT). The most controversial change is the taxation of dividends and employee benefits as well as the…
The Low Incomes Tax Reform Group (LITRG) is urging the estimated one million taxpayers who failed to file their tax return on time to get their tax affairs back on track. HMRC says that around one million customers missed the…
Sole traders and landlords have been warned they need to act now to be ready for Making Tax Digital (MTD) for Income Tax. HMRC is reminding those earning more than £50,000 from self-employment and property of major changes from 6…
The introduction of Making Tax Digital (MTD) for Income Tax this April will be the biggest change to the UK’s tax system since self assessment, says the Low Incomes Tax Reform Group (LITRG). From 6th April 2026, taxpayers with more…
An estimated one million taxpayers missed the self assessment deadline for the 2024/25 tax year, according to HMRC. Over 11.48 million taxpayers filed their self assessment tax returns before midnight on 31 January. However, more than 12 million self assessment…
The number of people using the HMRC app to pay their self assessment tax bill has increased by 65% this tax year, according to the tax authority. Almost 340,000 people have used the HMRC app to pay their self assessment…
More than 4,600 self assessment taxpayers filed their tax return on Christmas Day, according to data from HMRC. In total, 37,435 customers filed between 24 and 26 December. Christmas Eve was the most popular day with 22,350 tax returns filed…
More than 4,800 self assessment scams have been reported since February 2025, according to data released by HMRC. The tax authority says scammers are using persuasive and threatening tactics to target people when they are more likely to receive correspondence…
