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Personal Tax
Taxpayers reminded to report crypto gains
Cryptoassets are subject to income tax and capital gains tax.
HMRC asked to explain long phone waits
Some taxpayers are waiting for several hours to speak with an HMRC representative.
Millions of taxpayers still to file tax returns
There’s less than one month before the self-assessment deadline.
Over 3,000 tax returns filed on Christmas Day
Over 22,000 self-assessments were submitted between 24 and 26 December.
Total tax take falls in November
Tax receipts were down by £5.3 billion compared to October 2022.
Inheritance tax receipts rise by £4.1bn
The increase comes just months before the threshold freeze.
Tax thresholds frozen in Autumn Statement
Additional-tax rate threshold reduced for thousands of taxpayers.
CGT incorrectly calculated by HMRC service
Faulty service leads to non-residents paying the wrong amount of tax.