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
-
Unused sales suppression tools can still trigger penalties
HMRC has published a new compliance factsheet explaining the penalties that can apply where a business possesses an electronic sales suppression (ESS) tool, even if it has never actually been used to suppress a sale. What do you need to know?
-
Accounting for VAT if there is no cash payment
Your business has submitted repayment returns for the last two quarters and you are concerned that you might have underpaid output tax on some supplies where no money has changed hands. Are your concerns justified?
-
Treatment of distributions under review
The government has launched a consultation on modernising the tax treatment of distributions and repayments of capital by companies. The proposals could affect the distinction between dividends taxed as income and capital payments subject to CGT. What changes are being considered?