Airbnb and Booking.com hosts must report rental income to HMRC.
Government Announcements
HMRC pauses MTD for ITSA pilot
The decision will allow the tax authority to refresh its testing strategy.
PM restructures departments to boost the economy
New departments will focus on supporting growth and achieving net zero.
HMRC raises interest rates on tax debt
The new penalties will apply from 21 February.
Bank of England raises interest rates to 4%
The latest increase is the highest base rate in 14 years.
Millions of taxpayers leave returns until the last minute
2.7 million self-assessment customers were yet to file just hours before the deadline.
HMRC reveals new AER calculation method
Quarterly reviews will use ONS data to calculate advisory electric rates.
Small business tax debt is growing
Non-payment has increased since the Covid-19 pandemic.
Wait time for HMRC helpline hits 27 minutes
HMRC says that home workers are not affecting call centre performance.
HMRC launches new text service
Launch aims to combat long phone waiting times.
Switch to tax year basis to start in 2024
Unincorporated businesses will need to report their liabilities in line with the tax year.
AAT welcomes repayment claimant protections
Lack of regulation leaves customers at risk and costs the taxpayer millions.
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