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Personal Tax

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.

Long delays with issuing UTR codes

Self-assessment first-timers in a “black hole of frustration”.

Autumn Budget 2021: key personal announcements

The top announcements affecting individuals from 27 October 2021.

AAT calls for extension to capital gains reporting deadline

Accounting group recommends 60-day reporting period.

Most people do nothing to reduce potential IHT bill

40% of consumers concerned about IHT bills.

Stamp duty land tax reverts back to type

Pre-pandemic regime is back in place.