HMRC app users treble payments to £121m

HMRC app users treble payments to £121m

by | Nov 27, 2023 | Uncategorized

Nearly 100,000 taxpayers have used the HMRC app to settle tax bills of £121m in the last six months. Usage is up threefold on the same period in 2022 when just 36,467 users paid a total of £34.6m. The Apple version of the app is rated at 4.8 out of five stars with...
Income tax take soars £28bn over one-year period

Income tax take soars £28bn over one-year period

by | Nov 24, 2023 | Uncategorized

From November 2022 to October 2023 the total amount of income tax paid was £262bn, a £28bn rise compared to the previous year’s £234bn In the last six months the total amount of income tax paid was £145bn, a jump of £14bn on the same period of 2022. Income tax take...
PM hints at cuts to personal tax

PM hints at cuts to personal tax

by | Nov 23, 2023 | Uncategorized

Rishi Sunak has given the strongest sign yet that the Chancellor is considering personal tax cuts in the Autumn Statement this week The government is raking in record tax receipts as the country faces the highest tax burden in 70 years and inflation has halved to 4.6%...
HMRC targets landlords with property businesses

HMRC targets landlords with property businesses

by | Nov 22, 2023 | Uncategorized

Landlords with properties held in incorporated businesses are being warned to check that they are fully compliant with their tax affairs HMRC has launched the latest nudge campaign targeting buy to let landlords who hold property in businesses, which may have failed...