264,800 Help to Save accounts opened
More than 264,000 individuals have opened a Help to Save account and could be earning money on their savings, statistics from HM Revenue and Customs (HMRC) have revealed.
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VAT Deferral New Payment Scheme - online service opens
Over half a million businesses who deferred VAT payments last year can now join the new online VAT Deferral New Payment Scheme to pay it in smaller monthly instalments, HMRC has announced today (23 February).
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File tax returns now to prevent penalties
Self Assessment taxpayers have less than one week to submit their late tax returns to prevent a £100 penalty, HM Revenue and Customs (HMRC) has urged.
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More help for Self Assessment taxpayers
Self Assessment taxpayers will not be charged a 5% late payment penalty if they pay their tax or set up a payment plan by 1 April, HM Revenue and Customs (HMRC) has announced.
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Give your loved one a tax break this Valentine’s Day
HM Revenue and Customs (HMRC) is encouraging married couples and people in civil partnerships to sign up for a tax break this year.
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10.7 million tax returns filed by 31 January deadline
More than 10.7 million people submitted their 2019/20 Self Assessment tax returns by the 31 January deadline, HM Revenue and Customs (HMRC) has revealed.
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No Self Assessment late filing penalty for those who file online by 28 February
Self Assessment customers will not receive a penalty for their late online tax return if they file by 28 February, HM Revenue and Customs’ Chief Executive Jim Harra has announced.
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Fascinating facts about Self Assessment
Did you know almost 100,000 people filed their tax returns on 6 April 2020, which is the first day of the tax year? With the 31 January deadline fast approaching, HM Revenue and Customs (HMRC) shares some little-known facts about Self Assessment tax returns.
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Self Assessment customers use online tax payment plans to help spread the cost of £69 million
Almost 25,000 Self Assessment customers have set up an online payment plan to manage their tax liabilities in up to 12 monthly instalments, totalling £69.1 million, HM Revenue and Customs (HMRC) has revealed today.
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Record £1.9 million fine for breaching money laundering regulations [amended on 16 May 2022]
A money service business (MSB) has been hit with a record £23.8 million fine for flouting money laundering regulations.
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Self Assessment deadline: less than one month to go
Around 5.4 million Self Assessment customers have less than a month to complete their tax return, HM Revenue and Customs (HMRC) announced today, ahead of the deadline on 31 January.
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2,700 tax returns sent in on Christmas Day
More than 2,700 customers filed their Self Assessment tax return on Christmas Day, HM Revenue and Customs (HMRC) can reveal.
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