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The Bank of England decides to hold interest rates at 4.25% with inflation remaining above its target level.

The Bank of England decides to hold interest rates at 4.25% with inflation remaining above its target level.

The announcement comes as Trump pressures big technology firms to increase manufacturing in America.

The criteria has changed so 2.7m more people will get the money automatically knocked off their bills.

The criteria has changed so 2.7m more people will get the money automatically knocked off their bills.

The US central bank leaves its key interest rate unchanged at 4.3%, as its view of the economy darkens.

Thousands of households will now not face disruption to hot water and heating, the government says

Transport Secretary Heidi Alexander said the HS2 project was an "appalling mess".

Nippon agreed to give a "golden share" to the US government to win approval of the takeover.

The group, on West Marsh in Grimsby, has had to throw nappies, baby formula and clothing away.

Please note that this blog is no longer being updated.

From 6 May new secondary legislation came into force allowing HMRC to specify the format of P87 applications. HMRC has updated the form they want customers to use on GOV.UK and from 7 May 2022 all P87 applications must be made on this form.

The temporary reintroduction of bulk agent appeals for 2020 to 2021 Income Tax Self Assessment (ITSA) late filing penalties, will come to an end on 6 May 2022 as planned.

Agent Update 95 is available now and contains the latest articles, updates, help and support for the entire agent community.

HMRC has published an in-depth review on upholding standards for agents. The review sets out our approach and the statutory powers available to us when dealing with breaches of the Standard. It brings together contributions and examples of work from across HMRC and it’s the first time this information has been published in one place.

We may not be able to talk to you about your clients’ SEISS grants unless we receive additional consent from them. This is because our existing process – the 64-8 agent authorisation – was not designed to cover the support provided in response to coronavirus, such as SEISS grants, so the usual taxpayer confidentiality rules apply. We require this additional authorisation […]

From 31 March 2022, new clients will need to use a new form 64-8 to give authorisation for you to deal directly with us on their behalf. Existing clients do not need to re-authorise their current relationship.

The Chancellor made his annual Spring Statement speech today where he set out the Government’s tax plan to support the UK economy, businesses and families in both the short and the medium term. 

Agent Update 94 is available now and contains the latest articles, updates, help and support for the entire agent community.

Due to the impact of coronavirus on individuals and businesses around the country, HMRC has not issued a Late Filing Penalty for anyone who has been unable to file their 2020-21 self-assessment return by 31 January 2022 providing they did so by 28 February 2022.

This manual contains guidance and processes for Self Assessment (SA)

The estimated tax gap for the 2023 to 2024 tax year is £46.8 billion.

Quality report for statistics relating to measuring tax gaps.

HM Revenue and Customs (HMRC) tables relating to measuring tax gaps.

HM Revenue and Customs (HMRC) statistics and methodological annexes relating to measuring tax gaps.

International tax issues including the principles of double taxation relief and an introduction to double taxation agreements

Find out what information you'll need to collect under the Cryptoasset Reporting Framework (CARF).

Find out whether you'll need to start reporting to HMRC under the Cryptoasset Reporting Framework (CARF).

The new Construction Industry Scheme (CIS) post April 2007, showing how payments are taxed from 6 April 2007