It is used as an alternative to self assessment, where you would need to fill in a tax return, if HMRC cannot collect the tax ...
In addition, reports in November 2024 indicated a decrease in the HMRC investigations into serious tax fraud and avoidance, with cases known as Code of Practice 8 and 9 dropping to a six-year low.
HMRC tax letters issued in specific months could ... The letters are sent out between June and March of the following tax year. You might get a Simple Assessment letter if you owe tax that cannot ...
HM Revenue and Customs (HMRC) continue to face increasing costs and challenges as it presses on with becoming a fully digital tax authority, according to a National Audit Office (NAO) report.
"But this latest warning from HMRC means some people won’t find out they owe additional tax until just days before the new tax year, when their new tax code will kick in. "For many, it will ...
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