The Sage Making Tax Digital for Income Tax Self Assessment hub covers everything you need to know from key deadlines, to getting MTD-ready with our HMRC recognised accounting software. Make MTD simple, get started today.
If you’re a small business owner or are self-employed, the new tax year is a prompt for you to get your finances in order—if you haven’t done already—and to ensure you’re aware of new changes to tax rules. You also need to make sure you’re up to speed on new legislation ...
Go to gov.uk/check-state-pension to check the current situation regarding your State Pension forcast. You can also check this via the HMRC app. This will tell you how much State Pension you could get, at what age and how you might be able to increase it. Those who are eligible have ...
If HMRC is aware that you’re paying tax on a second job and that your overall income pushes you into a different tax band, this will be reflected in the letters used. If you believe your tax code to be incorrect, you should contact HMRC as soon as possible. Do I need to tell ...
Another popular scam is where fraudsters submit a refund claim to HMRC on your behalf, charging you a fee based on how much you get. Later, when HMRC discovers you weren’t owed a tax rebate, it will request immediate repayment, leaving you out of pocket because of the fee you’ve paid...
In the tax year ending April 2023, 74,000 people were registered as non-doms - up from about 68,900 in the previous 12 months, according to provisional figures published by HMRC. The status is very beneficial to some of the country's wealthiest people. Under the current programme, thos...
If you don’t have one, you will be taxed more than normal so it’s wise to get yours as soon after arriving in the UK as possible. The Revenue and Customs Department (the HMRC) no longer issue ‘temporary’ National Insurance numbers. After applying you will receive your National Insura...
your IP-number, using technology such as cookies to store and access information on your device in order to serve personalized ads and content, ad and content measurement, audience research and services development. You have a choice in who uses your data and for what purposes. Your privacy ...
Your self assessment tax bill will give you the bank account details you’ll need to pay into. If you do not have a bill, or you’re not sure, you can pay into either: Sort code - 08 32 10 Account number - 12001039 Account name - HMRC Cumbernauld ...
In these situations HMRC will send you an ‘award review’ to tell you your tax credits have ended. The only exception to this is if you get disability living allowance (DLA) or personal independence payment (PIP), which you will continue to receive. ...