UK Government
HMRC service levels continue to deteriorate and hit ‘all-time low’ in new report
HMRC continue to struggle to cope with demand and service levels hit a new all-time low in the latest Public Accounts Committee report
eBay, Vinted, Etsy, Amazon and AirBnB among companies data sharing with HMRC
Selling on auction websites or paid for a service (such as deliveries?) – HMRC will receive information on this from the companies involved from today.
Cash basis to replace accruals accounting for the self-employed
The Chancellor has announced that cash basis accounting will replace accruals as the standard accounting process for self employed individuals…
McVities VAT battle takes the biscuit…
Details of a HMRC case vs McVities biscuits to determine if a particular biscuit is covered in chocolate (in some form)
HMRC takes VAT registration fully online
HMRC are removing the option to register for VAT via paper form VAT1 from 13 November 2023
Bank of England keeps interest rates on hold at 5.25%
The interest rate has remained unchanged at 5.25% for the first time since 2021
Standard first-class stamp prices to rise by 14% from 2 October
Royal Mail are increasing stamp prices and other services from 2 October 2023
Congestion Charges (such as ULEZ) are tax deductible
Details of eligibility to claim for expenses when travelling into low emission congestion charging zones, such as ULEZ.
HMRC Covid-19 Helpline to close
The HMRC Covid-19 helpline will close on 18 September 2023
HMRC to increase interest rates (again) from 22 August 2023
HMRC will increase their interest rates by a further 0.25% from 22 August 2023