HM Revenue and Customs (HMRC) continue to face increasing costs and challenges as it presses on with becoming a fully digital tax authority, according to a National Audit Office (NAO) report.
Examples provided by HMRC include the death of a partner or close relative shortly before the tax return or payment deadline, an unexpected hospital stay that hindered you from managing your tax ...
If you haven’t already done so, register for HMRC’s online services and submit your return digitally. The system guides you through the process and helps calculate your tax liability ...
With just two weeks to go before all self-assessment tax returns must be filed, it is important to make sure that you won't get stung by a fine from the tax office. Last week, HMRC said there were ...
An urgent call to action has been issued for some 3.4 million people who have just over a week to submit their tax returns or else they might face penalties. HM Revenue and Customs (HMRC ...
The new power would allow HMRC to notify a taxpayer to correct the error, providing reasons. The taxpayer would then have a legal obligation to respond. Taxpayers may need to amend their returns ...
The taxman is requesting new powers to require people to self-correct errors in their tax returns. Consultation closes this week on the measure which is part of a package of several proposed reforms ...
The new power would allow HMRC to notify a taxpayer to correct the error, giving reasons. The taxpayer would have a legal obligation to respond, either by amending their return or by disputing the ...
HMRC estimated earlier this week that 3.4 million people still had to file their tax return or face an initial £100 penalty. Some 8.6 million people had already filed their 2023-24 tax return. Myrtle ...