More people are struggling to pay their tax bill.
Personal Tax
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Overpayment of tax on pensions hit £56m
Average tax reclaim form totals £3,551.
Thousands fined despite not owing tax
Low earners account for 40% of late-filing penalties.
Tax gap hits £36bn in 2021/22
Small businesses responsible for half the tax gap.
Tax system “overcomplicated”, say MPs
Current tax system is an obstacle to growth.
HMRC extends voluntary NIC deadline
Taxpayers have two extra years to fill records.
MPs call for crypto crackdown
Group seeks tougher regulations for ‘consumer protection’.
Self-assessment threshold increases to £150,000
Fewer PAYE taxpayers will submit returns in 2023/24.
HMRC launches IR35 review
Consultation will focus on risks of double taxation.
HMRC stops sending paper returns automatically
135,000 self-assessment customers filed paper returns last year.
Inheritance tax receipts soar to £6.4bn
February’s inheritance tax take totalled £521 million.
MTD for ITSA delay costs £1.75 billion
The scheme will roll out from 2026.
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