400,000 landlords, self employed still need to register for MTD by 7 Aug filing deadline for first quarterly return - mandatory for £50k cohort with qualifying income. Huge number of taxpayers without accountants not signed up yet warns #HMRC https://t.co/VCGxXFBWNk
Our purpose is to put more money into people’s pockets, keep public finances secure, and build an economy that works right across the UK.
This is the way we start to build new hope and good growth in every postcode.
There's only one week to go until the Self Assessment deadline - with 3.3 million customers yet to file their tax return.
📆File yours by the 31st January to avoid any penalties.
https://t.co/jCwoJFqkUD
Unwanted #Christmas gifts? 👀
If you plan to sell your own personal items, such as used clothes or an old TV, you don’t need to pay income tax on this.
More info on additional income and the tax rules below. 🔽
https://t.co/h6hVSw1qCh
Think Making Tax Digital for Income Tax means more tax returns? Think again.
📒You’ll send quarterly updates of income and expenses to HMRC from recognised software
💻These updates aren’t tax returns
📅You won’t pay four tax bills a year
Find out what it means for you and how to prepare: 👇
https://t.co/BN9hsfm3QX
🎭 Oh no it isn’t… Oh yes it is!
There’s no avoiding it – Making Tax Digital for Income Tax is coming.
From April 2026, sole traders and landlords with turnover above £50,000 will need to send quarterly updates using HMRC-recognised software.
👉 Don’t wait for the final curtain – sign up now!
https://t.co/BN9hsfm3QX
Rachel Reeves announces changes to the UK’s cash ISA system from April 2027
The annual tax-free allowance will remain at £20,000, while “designating £8,000 of it exclusively for investment”, the chancellor says
Follow live: https://t.co/EWDAPWAORM
“Salary sacrifice for pensions… is forecast to almost triple in cost to other taxpayers… with the greatest benefits going to the highest earners”
Chancellor Rachel Reeves says a £2,000 cap on salary into a pension will be introduced in 2029
Follow live: https://t.co/fOnM24pKL5
"Today, I will maintain all income tax and equivalent national insurance thresholds at their current level for a further three years from 2028"
Reeves announces personal tax thresholds will be frozen for a further three more years from 2028
Follow live: https://t.co/EWDAPWAORM
🚨 BREAKING: The OBR's report has been leaked in full before the Budget in an unprecedented move
Taxes will rise by £26bn by 2029 and the income tax thresholds will be frozen for three more years
https://t.co/tdyRz0cSU8