Payments on Account: July Deadline approaching
Details of the upcoming deadline for Payments on Account
HMRC to increase interest rates from 11 July 2023
HMRC will increase their interest rates by a further 0.5% from 11 July 2023
Several HMRC services out of action this weekend
HMRC systems will be unavailable between 23 June - 26 June 2023
National Audit Office say Making Tax Digital is £1bn over budget
HMRC's MTD has been declared to be £1bn over budget in a new report
HMRC Self Assessment Helpline closed between 12 June until 4 September 2023
Details of the closure of HMRC's self assessment tax return helpline until 4 September 2023
HMRC increases interest rates
Following the Bank of England’s announcement on 11 May 2023 that the base rate will rise to 4.5%, HMRC interest rates are also increasing.
HMRC to close VAT Registration Helpline – and replace with 40 working day wait
HMRC will close the VAT Helpline on 22 May 2023, and require a 40 working day wait before taxpayers can contact for updates
Millions to be pulled into the higher rate tax band
Details of recent IFS research that many more will be pulled into the higher tax bracket due to the freeze in income tax allowances
Accounting Body pushes HMRC to rethink MTD for Income Tax
Details of the informal review carried out by ICAEW in respect of MTD for ITSA
HMRC Customer Services strike for 18 days
Details of HMRC strike action between 10 May and 2 June 2023
