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What are the latest stories impacting tax and accounting?

Whether it be news from the budget, or HMRCs digital reform plans, there are a wide range of regular news stories outlining the impact on individuals and businesses.

Wait time for HMRC helpline hits 27 minutes
January 26, 2023
HMRC says that home workers are not affecting call centre performance.
Tax take hits £553 billion due to threshold freezes
January 25, 2023
Revenue is up by £48bn on the same period last year.
Top 20% of earners pay majority of all income tax
January 24, 2023
Over half of UK taxpayers receive more in benefits than they pay in tax.
Half of sole traders yet to file self-assessment return
January 23, 2023
Self-assessment taxpayers only have 11 days to file their returns.
HMRC launches new text service
January 20, 2023
Launch aims to combat long phone waiting times.
Inflation eases slightly to 10.5%
January 19, 2023
Transport costs fall but energy and food prices remain high.
Switch to tax year basis to start in 2024
January 18, 2023
Unincorporated businesses will need to report their liabilities in line with the tax year.
Chancellor announces new energy support package
January 18, 2023
The new support package will launch in April.
MPs demand improvements to HMRC services
January 18, 2023
HMRC has three months to address “unacceptable” standards.
AAT welcomes repayment claimant protections
January 17, 2023
Lack of regulation leaves customers at risk and costs the taxpayer millions.