HMRC to axe paper Self Assessment returns

HMRC is to end the automatic sending of paper Self Assessment returns to encourage more people to file online in a bit shift toward digital filing.

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1m miss 31 January tax return deadline

 

HMRC says that a ‘record breaking’ 11.1m taxpayers beat the 31 January tax return deadline but 958,000 missed the cut off date.

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Tax experts warn of HMRC Marriage Allowance error

The Chartered Institute of Taxation has warned that a HMRC glitch could mean Marriage Allowance claims have been wrongly calculated.

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Transact hit with unexpected £4.3m VAT bill

The parent company of Transact, the platform used by many Financial Planners, has been hit with an unexpected £4.3m VAT bill from HMRC which could also see the company having to pay an additional £1.4m a year in VAT.

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