News
Small business tax debt is growing
Non-payment has increased since the Covid-19 pandemic.Wait time for HMRC helpline hits 27 minutes
HMRC says that home workers are not affecting call centre performance.Tax take hits £553 billion due to threshold freezes
Revenue is up by £48bn on the same period last year.Top 20% of earners pay majority of all income tax
Over half of UK taxpayers receive more in benefits than they pay in tax.Half of sole traders yet to file self-assessment return
Self-assessment taxpayers only have 11 days to file their returns.HMRC launches new text service
Launch aims to combat long phone waiting times.Inflation eases slightly to 10.5%
Transport costs fall but energy and food prices remain high.Switch to tax year basis to start in 2024
Unincorporated businesses will need to report their liabilities in line with the tax year.Chancellor announces new energy support package
The new support package will launch in April.MPs demand improvements to HMRC services
HMRC has three months to address “unacceptable” standards.
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