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Monthly Archives

June 2023

Jun 27 2023
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Late Payment Interest Rates Increase

By Dawn Uncategorized

On 22 June 2023, the Bank of England base rate increased from 4.5% to 5%. HMRC’s interest rates are linked to the base rate. Therefore, the recent rise has inevitably…

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Jun 20 2023
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HMRC Temporarily Closes Self Assessment Tax Helpline

By Dawn Uncategorized
The HMRC self assessment tax helpline is set to close for three months from 12 June 2023. All calls to the helpline on 0300 200 3310 will be redirected to...
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Jun 20 2023
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New Self Assessment Threshold

By Dawn Uncategorized

Good news! The threshold for submitting a self assessment tax return if you earn PAYE income only has increased. From this tax year (2023/24) the threshold increases to £100,000 from…

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Jun 05 2023
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New Property Portal Helps HMRC

By Dawn Uncategorized

The Renters Reform Bill is set to change the landscape for landlords with the creation of a landlord database. If a landlord fails to join the database, they will be…

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  • boy looking at piggy bank through magnifying glassMaking Tax Digital: The First Big Test 10/08/2026
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