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.
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.
A money service business (MSB) has been hit with a record £23.8 million fine for flouting money laundering regulations.
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.
More than 2,700 customers filed their Self Assessment tax return on Christmas Day, HM Revenue and Customs (HMRC) can reveal.
More than 60,400 savers across the UK have earned their first Help to Save bonus payment, each receiving an average of £378 in time for Christmas, HM Revenue and Customs (HMRC) can reveal.
Traders are being urged to consider whether they need to sign up to the new UK Trader Scheme (UKTS) to ensure traders don’t pay tariffs on the movement of goods into Northern Ireland from Great Britain where those goods can be shown to remain the UK’s customs territory from 1 January.
Three men involved in a fraudulent £29.5 million claim for tax relief on a bogus IT project have been jailed for a total of 21 years.
Time is running out for anyone who sold a second home during 2019-20 to declare it on their Self Assessment tax return.
