Move by HMRC follows increase in basic interest rate.
Personal Tax
Work-from-home tax relief changes in 2022/23
Lifting of restrictions means workers may not qualify this year.
HMRC urges people to claim tax breaks
Financial support could be available for you.
Thousands benefit from time to pay scheme
The deadline has now passed for self-assessment submissions.
Penalties nearing for unpaid tax
Prices increase by nearly 10% in 12 months
Income tax freeze set to bring in an additional £13bn
Higher inflation expected to bring more people into tax.
IHT receipts up £0.7bn
Increase attributed to COVID-19 and rising house prices.
More than one million use extra time to file tax returns
Over 11.3m individuals file self-assessment tax returns by 28 February 2022.
£2.8bn in state benefits go unclaimed
Billions were not taken up in 2019/20, says DWP.
Taxpayers flock to use time-to-pay plans
£310 million paid in instalments since April 2021.
Just 1 in 5 think inheritance tax is fair
More estates are being dragged into paying death duties.
HMRC issues marriage allowance reminder
Spouses can save up to £252 in 2021/22.
MPs call to replace £38bn motoring taxes
Motoring taxation revenue forecast as zero by 2040.
Average household ‘will pay £1.1m in tax’
Tax burden at highest level in 70 years.
2.3 million miss self-assessment deadline
Interest charged at 2.75% on tax owed from 1 February 2022.
HMRC reviewing work from home tax break
£125 tax break could be closed.
4m leave tax returns to the last minute
12.2m expected to file for 2020/21 tax year.
One-month waiver for self-assessment fines
Interest remains payable from 1 February 2022.
31,271 tax returns filed over festive period
2,828 taxpayers filed on Christmas Day 2021.
20,000 taxpayers use ‘time to pay’ for self-assessment
Monthly payments total £46m since April 2021.
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