Income tax receipts hit £21.9 billion – the highest take on record.
Treasury receives £5.4 billion surplus in January
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Personal Tax
ICAEW calls for taskforce to tackle HMRC backlog
“Unacceptable delays” are stifling the UK’s economic growth.
HMRC pauses MTD for ITSA pilot
The decision will allow the tax authority to refresh its testing strategy.
HMRC raises interest rates on tax debt
The new penalties will apply from 21 February.
Millions of taxpayers leave returns until the last minute
2.7 million self-assessment customers were yet to file just hours before the deadline.
Wait time for HMRC helpline hits 27 minutes
HMRC says that home workers are not affecting call centre performance.
Tax take hits £553 billion due to threshold freezes
Revenue is up by £48bn on the same period last year.
Top 20% of earners pay majority of all income tax
Over half of UK taxpayers receive more in benefits than they pay in tax.
Half of sole traders yet to file self-assessment return
Self-assessment taxpayers only have 11 days to file their returns.
Switch to tax year basis to start in 2024
Unincorporated businesses will need to report their liabilities in line with the tax year.
Taxpayers reminded to report crypto gains
Cryptoassets are subject to income tax and capital gains tax.
HMRC asked to explain long phone waits
Some taxpayers are waiting for several hours to speak with an HMRC representative.
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