Collins said: “As we start a new tax year, there are real fears over the way that HMRC is going to cope – or not cope – in the near term. It is already well documented that HMRC services have fallen to unacceptable levels. The March Budget was completely silent on the problems a...
These higher contribution levels led to a jump in the amount of tax relief paid on our pension saving. A total of £69 billion in tax relief was paid, up from £67 billion in 2020/21. Of that sum, more than half (54%) went to higher rate taxpayers, with 40% going to basic r...
“HMRC is currently seeking to recover some of the £48bn in tax that remains unpaid. Tax debt is currently running at around twice pre-pandemic levels and HMRC needs to have sufficient resources to focus on the ‘won’t pays’ who push up taxes for the rest of us. “The online “T...
This reform offers an unmatched opportunity to improve accessibility and engagement with the tax system. Members are keen to see simple changes such as allowing taxpayers and authorised agents to view historical tax records, allowing customers to link personal and business acc...
The latest government body to be lumbered with a tax bill for IR35 non-compliance is the non-departmental funding body UK Research and Innovation (UKRI), and
A statement on the HMRC site said, “HMRC’s self assessment online filing serviceexperienced technical difficulties this morning which has meant that some tax payers have experienced difficulties filing online,” said a spokesman for the service. The system is now rapidlyreturning to normal levels ...