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UK CEOs increase M&A activity to accelerate AI transformation, EY finds

UK CEOs increase M&A activity to accelerate AI transformation, EY finds

MHA appointed liquidator for Aberdeen workwear manufacturer

MHA appointed liquidator for Aberdeen workwear manufacturer

Forvis Mazars advises on sale of Owen Mumford to US-listed Embecta

Forvis Mazars advises on sale of Owen Mumford to US-listed Embecta

Topic Hub

Self-Assessment

Our coverage on Self-Assessment focuses on the regulatory, operational, and compliance developments surrounding the UK’s annual tax return system for individuals. Accountancy Today reports on HMRC filing deadlines, penalty regimes, and digital reporting requirements, including the impact of Making Tax Digital on self-assessment processes. We analyse changes in income tax thresholds, allowable deductions, and reliefs, alongside policy announcements affecting landlords, sole traders, and high-net-worth individuals. Our editorial also examines workload pressures on accountants during peak filing seasons and the evolving role of advisory services in supporting compliance. This coverage provides accountants, tax practitioners, and financial professionals with essential updates on one of the most critical areas of personal tax administration.

Self-Assessment

Our coverage on Self-Assessment focuses on the regulatory, operational, and compliance developments surrounding the UK’s annual tax return system for individuals. Accountancy Today reports on HMRC filing deadlines, penalty regimes, and digital reporting requirements, including the impact of Making Tax Digital on self-assessment processes. We analyse changes in income tax thresholds, allowable deductions, and reliefs, alongside policy announcements affecting landlords, sole traders, and high-net-worth individuals. Our editorial also examines workload pressures on accountants during peak filing seasons and the evolving role of advisory services in supporting compliance. This coverage provides accountants, tax practitioners, and financial professionals with essential updates on one of the most critical areas of personal tax administration.

Tax collected by HMRC rises by 5% to £827.7bn in 2023/24

Tax collected by HMRC in 2023-2024 has reached £827.7bn, almost 5% higher than the previous…

Armstrong Watson appoints specialist medical financial planning consultant

Armstrong Watson is continuing to develop its services for healthcare professionals with the…

The history of Making Tax Digital

First announced in December 2015, the UK government revealed Making Tax Digital (MTD), an…
TaxScouts partnership sees 1,200 investors claim tax relief

TaxScouts partnership sees 1,200 investors claim tax relief

The partnership between TaxScouts and Crowdcube has revealed that over 1,200 Crowdcube users…
Late payment interest cost taxpayers £80m in 2023, UHY finds

Late payment interest cost taxpayers £80m in 2023, UHY finds

Late payment interest costs set back taxpayers £80m last year, as this year’s bill is…

HMRC further restricts Agent Dedicated Line without informing ATT

HMRC has announced further limitations on issues agents can call the Agent Dedicated Line…

Self assessment helpline service reduction cause of concern, says ACCA

HMRC has recently announced that access to self assessment tax helplines will be…

Nearly half of business owners delay filing Self Assessment tax return

Despite having up to 10 months notice to file their Self Assessment tax return, nearly half…

Self Assessment tax return deadline looms, BDO warns

Taxpayers needing to register for self assessment for the first time will need to do so by 5…

TaxAssist opens new site in Rugby

TaxAssist Accountants has opened a new site in Rugby as it continues to expand its number of…
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