HMRC reveals the most common calls to its Self Assessment helpline, all of which can be answered quickly online Customers can access help online to register for Self Assessment or tell HMRC they no longer need to complete a tax return Anyone new to Self Assessment can register using the quick and easy tool on GOV.UK HM Revenue…
Young people are urged to claim their Child Trust Fund. £2,200 on average waiting in unclaimed accounts. More than 670,000 18-22 year olds yet to claim their Child Trust Fund are reminded to cash in their stash as HM Revenue and Customs (HMRC) reveals the average savings pot is worth £2,212. Child Trust Funds are…
More than a million parents will receive reminders from this week to extend Child Benefit fortheir teenagers if they are continuing their education or training after their GCSEs. HM Revenue and Customs (HMRC) is sending more than 1.4 million Child Benefitreconfirmation letters to parents between 24 May and 17 July. The letters will include a…
Almost 300,000 Self Assessment customers filed their tax return in the first week of the new taxyear, almost 10 months ahead of the deadline, HM Revenue and Customs (HMRC) has revealed. Customers can file their Self Assessment returns for the 2023 to 2024 tax year between 6 April 2024and 31 January 2025. Almost 70,000 people…
With many A level students in Wales planning their next steps in life, those starting universityin September can ‘tap the app’ to get National Insurance and tax information they need tocomplete their student finance applications, HM Revenue and Customs (HMRC) has said. Anyone applying for a student loan for the 2024/25 academic year is encouraged…
Millions of families who claim Child Benefit will automatically receive increased paymentsfrom 6 April 2024, HM Revenue and Customs (HMRC) has confirmed. Families with one child will now receive up to £1,331 a year – an annual increase of £83.20,and up to £881 a year per additional child – an annual increase of £54.60. There…
A record-breaking 11.5 million taxpayers submitted their Self Assessment tax returns for the 2022 to2023 tax year by midnight on 31 January, HM Revenue and Customs (HMRC) reveals. More than 12.1 million taxpayers were expected to file a tax return and pay any tax owed. Of thosethat met their obligations by the deadline, 778,068 beat…
New parents can now claim Child Benefit online for the first time since it was launched 47years ago, helping millions of families with the cost of raising their children, HM Revenueand Customs (HMRC) has announced. Since 1977, families claiming Child Benefit had to fill out a paper form, post it, and wait aslong as 16…
With less than a month to go to the Self Assessment deadline, HM Revenue and Customs(HMRC) is urging nearly 5.7 million customers to file their tax return for the 2022 to 2023 taxyear. HMRC data shows almost 6.5 million customers have already beaten the Self Assessmentclock by filing their tax return, including 49,317 customers who used…
directly with HMRC Every penny counts at Christmas and employees eligible to claim a tax refund on any work-related expenses are being urged to do it directly through HM Revenue and Customs(HMRC) to guarantee receiving 100% of their claim.Whether working in hospitality or retail, taking on a seasonal second job as a delivery driver,or even…
