HMRC expects that more than one million taxpayers will be required to use digital recordkeeping and send quarterly updates to HMRC when the second phase of Making Tax Digital (MTD) for Income Tax is extended to individuals with qualifying self-employment…
HMRC’s proposal to make it easier to prosecute taxpayers could have a detrimental impact on low-income unrepresented taxpayers, warns the Low Incomes Tax Reform Group (LITRG). The LITRG has raised concerns that HMRC has failed to fully explain why its…
Trade body UK Hospitality has urged Prime Minister Andy Burnham to shelve plans to expand the so-called ‘tourist tax’ across the UK. UK Hospitality has written to the Prime Minister urging him to drop the plans or face losing 33,000…
Prime Minister Andy Burnham has been urged to reverse changes to Inheritance Tax (IHT) at the upcoming Autumn Budget. Farmers from around the UK have called on Mr Burnham to honour his pre-election pledge to ‘look again’ at the changes…
HMRC will write to nearly 800,000 taxpayers who could have gaps in their National Insurance (NI) record. The issue affects taxpayers who became self-employed between 2015 and March 2024. According to HMRC, taxpayers who receive a letter or those who…
Four in ten of Generation Z say they wish they had learnt the basics about tax when they were younger, according to data from HMRC. The tax authority is now encouraging those looking for work this summer to download the…
The tax gap rose to a record high of £59.2 billion in cash terms for 2024/25, according to the latest data from HMRC. The tax gap is the difference between what UK tax is expected to be paid and was…
The decision to phase in the mandatory payrolling of benefits in kind is a ‘welcome step’ to allow employers and payroll software providers more time to prepare for significant changes, says the Association of Taxation Technicians (ATT). Benefits in kind…
More than 110,000 unrepresented taxpayers who must register for Making Tax Digital (MTD) from April 2026 have still not done so, according to the Low Incomes Tax Reform Group (LITRG). LITRG’s estimates are based on official HMRC statistics on the…
The headline approved mileage rate has increased to 55p per business mile for the first 10,000 miles, with effect from 6 April 2026. For each business mile over 10,000 miles, the approved mileage rate remains at 25p per business mile. This…
