HMRC reopens self-assessment helpline
HMRC’s self-assessment helpline was closed in June. It's now reopened for calls ready for the tax return filing season. What do you need to know?
In June, the self-assessment helpline (0300 200 3310) closed in order for staff to be redeployed to help backlogs in other areas. The helpline is now open again from 8am-6am, Mondays to Fridays. However, with HMRC's resourcing issues being well documented this is unlikely to be the last time the helpline closes during quieter periods. In fact, the financial secretary to the Treasury said as much back in June.
In other news, the Chancellor has announced that the Autumn Budget will take place on 22 November.
Related Topics
-
Company buying back shares? Watch out for forthcoming changes
Company owners arranging a retirement, a family succession or a shareholder exit may need to rethink how shares are bought back. The Budget confirms that the government intends to tighten the rules distinguishing capital gains from dividend income, potentially making some buybacks considerably more expensive. How might an ordinary business exit be caught?
-
What can you learn from HMRC’s input tax toolkit?
You know that penalties can be charged on careless errors and many mistakes relate to input tax being wrongly claimed. How can HMRC’s input tax guidance help your business to claim the right amount?
-
A £3,000 side-hustle allowance: more generous than it looks?
People making money from small side businesses will have more room to earn without paying income tax, following a Budget decision to triple the trading allowance. However, the figure relates to what you receive before expenses, not the profit you keep. Will the £3,000 allowance actually save you tax?