Thousands more people are choosing to file their tax returns during the first week of the new tax year (6 to 12 April), with an extra 28,503 filing in 2025, compared to 270,916 people in 2020.
HMRC launches Help for Hustles campaign to help people earning extra income understand their tax obligations. Anyone generating more than £1,000 from their side hustle should check their tax obligations.
HM Revenue and Customs (HMRC) launched a new interactive online tool and guidance for people working for themselves and individuals considering self-employment. Aimed at supporting new and existing ‘sole traders’ to better understand their responsibilities
HMRC is reminding Self Assessment customers to be alert to potential scams and fraudsters ahead of the filing deadline on 31 January 2025. Concerned customers reported nearly 150,000 scam referrals to HMRC in the last year, as Self Assessment filers are warned to be alert to fraudsters.
Dorchester Chamber members Milsted Langdon explore the challenge HMRC have chasing unpaid tax owed on cryptocurrency investments.
