Resources - hmrc

A selection of great tools, business guides and articles to help make your business a success

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Parents of teenagers can extend Child Benefit claim online

Parents of teenagers can extend Child Benefit claim online

HMRC is reminding parents of 16 to 19-year-olds to extend their Child Benefit claim by August 31 to ensure their payments continue. Last year, 870,000 parents extended this benefit, with most confirming the extension online. You can use either the HMRC app if you have...

Record number of self-assessments sent in first week of tax year

Record number of self-assessments sent in first week of tax year

Just under 300,000 self-assessment tax returns were filed in the first week of the 2025/26 tax year, according to HMRC, way ahead of the deadline of January 31, 2026. A total of 299,419 tax returns were filed between April 6 and April 12 – 28,503 more than the same...

Changes to umbrella company payments could reduce wages

Changes to umbrella company payments could reduce wages

Umbrella companies are typically used by recruitment agencies to employ workers on temporary contracts, in sectors like IT, healthcare, construction and education. Usually, the contractor or temporary worker will work for a client, the client pays the recruitment...

MPs call on HMRC to address challenges in tax admin

MPs call on HMRC to address challenges in tax admin

HMRC’s challenges in administering the tax system, as it has become increasingly complex, have been revealed in Parliament’s Public Accounts Committee (PAC) report, with trust in the agency falling, and costs rising significantly. The simplification of taxation has...

Tax simplification measures – do they go far enough?

Tax simplification measures – do they go far enough?

The Government has revealed a package of changes designed to simplify the tax and customs system and to help deliver its ‘Plan for Change’. There are 26 measures included in the changes, plus two administrative measures to strengthen the “integrity of the tax and...

Are your employee benefits as good as you think?

Are your employee benefits as good as you think?

Many companies offer employee benefits to encourage the best people to join their team, or maximise the chances of encouraging existing employees to stay. But are the benefits you offer as effective as you think they are? Recent research from employee benefit...

1.1m missed the January 31 deadline – can you appeal a penalty?

1.1m missed the January 31 deadline – can you appeal a penalty?

Around 1.1m of us missed the January 31 deadline to file our self-assessment tax returns for the 2023/24 tax year. For each person, this means at least a £100 penalty and potentially additional charges if the return continues to not be filed or the tax due paid for a...

Still time to maximise your end of tax year planning

Still time to maximise your end of tax year planning

Now is the time to work towards maximising your end-of-year tax planning, before the new tax year starts on April 6. If you haven’t used all your allowances and reliefs for this tax year, then in the coming month, you should make the time to address this. By using up...

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