@carolinemiskin.bsky.social
Reposted
70% of the additional spending from removing the two-child limit will go to families who are in work. This is targeting support for low-income working households who are being priced out of a decent standard of living despite doing everything asked of them.
November 27, 2025 at 4:38 PM
70% of the additional spending from removing the two-child limit will go to families who are in work. This is targeting support for low-income working households who are being priced out of a decent standard of living despite doing everything asked of them.
Reposted
Love being reminded to do this every year. It's a win/win all round
November 11, 2025 at 11:00 AM
Love being reminded to do this every year. It's a win/win all round
Very poor from HMRC, data quality needs to be a much higher priority.
MPs ask HMRC to explain child benefit error that froze payments to parents
MPs ask HMRC to explain child benefit error that froze payments to parents
Letter demands answers after 23,500 families wrongly suspected of fraud when data showed they had left UK
MPs are demanding answers from HMRC over a child benefit error in which payments were stopped to 23,500 families as part of an anti-fraud crackdown.
Meg Hillier, a Labour MP and chair of the House of Commons Treasury select committee, has written to the permanent secretary of HMRC asking who made the decisions, why they were made and whether compensation would be offered to the victims. Continue reading...
www.theguardian.com
November 4, 2025 at 5:59 PM
Very poor from HMRC, data quality needs to be a much higher priority.
Reposted
Money Box wants to hear from people who’ve had letters asking for Simple Assessment payments. HMRC has sent some savers 2 letters - one earlier this year & one now that includes tax on savings. If you’re one of those people - please email felicity.hannah@bbc.co.uk and thanks a lot in advance.
October 30, 2025 at 3:36 PM
Money Box wants to hear from people who’ve had letters asking for Simple Assessment payments. HMRC has sent some savers 2 letters - one earlier this year & one now that includes tax on savings. If you’re one of those people - please email felicity.hannah@bbc.co.uk and thanks a lot in advance.
Been pushing for improvements to Simple Assessment for years, really needs fixing.
Simple Assessments for tax get complicated as @HMRCgovuk bills people twice bit.ly/4ntFrd4 and says they should do the arithmetic to pay the right amount
Thousands of savers at risk of overpaying tax after HMRC bills them twice
Multiple payment demands create confusion for taxpayers
bit.ly
October 29, 2025 at 1:59 PM
Been pushing for improvements to Simple Assessment for years, really needs fixing.
Reposted
In which, remarkably, while talking about the fiscal bind, and even after Jeremy Hunt goes on about acting in the interests of the country, no one brings up the TWO NI cuts carried out largely if not solely for narrow party political ends. podcasts.apple.com/gb/podcast/h...
How (And When) To Topple A Leader - With Jeremy Hunt
Podcast Episode · How To Win An Election · 18/09/2025 · 41m
podcasts.apple.com
September 21, 2025 at 10:08 AM
In which, remarkably, while talking about the fiscal bind, and even after Jeremy Hunt goes on about acting in the interests of the country, no one brings up the TWO NI cuts carried out largely if not solely for narrow party political ends. podcasts.apple.com/gb/podcast/h...
Reposted
It's shocking how much consensus there is amongst tax policy wonks and economists of Left and Right on the tax reforms the UK needs to boost growth & make the tax system fairer
More shocking: they're reforms that are never mentioned by any politicians
buff.ly/rTfNmFC
More shocking: they're reforms that are never mentioned by any politicians
buff.ly/rTfNmFC
Stop talking about wealth taxes — make these reforms instead
Any sane discussion of changes that both right and left could agree on is being crowded out by tax populism
buff.ly
September 13, 2025 at 7:35 AM
It's shocking how much consensus there is amongst tax policy wonks and economists of Left and Right on the tax reforms the UK needs to boost growth & make the tax system fairer
More shocking: they're reforms that are never mentioned by any politicians
buff.ly/rTfNmFC
More shocking: they're reforms that are never mentioned by any politicians
buff.ly/rTfNmFC
Reposted
Extend VAT to food and children's clothes and compensate the poor for the small extra costs – Tim Leunig www.nesta.org.uk/blog/fiscal-...
Fiscal options: untangling VAT
VAT reform could stabilise public finances and simplify our tax system – making it both manageable and beneficial
www.nesta.org.uk
August 21, 2025 at 4:39 PM
Extend VAT to food and children's clothes and compensate the poor for the small extra costs – Tim Leunig www.nesta.org.uk/blog/fiscal-...
Reposted
Several ICAEW member firms have had their HMRC agent accounts being suspended without notice.
In its latest Agent Update, @HMRCgovuk explains why it takes this action and what agents need to do: ow.ly/UoWp50VrkNf
#icaewDaily #taxnews
In its latest Agent Update, @HMRCgovuk explains why it takes this action and what agents need to do: ow.ly/UoWp50VrkNf
#icaewDaily #taxnews
March 31, 2025 at 11:25 AM
Several ICAEW member firms have had their HMRC agent accounts being suspended without notice.
In its latest Agent Update, @HMRCgovuk explains why it takes this action and what agents need to do: ow.ly/UoWp50VrkNf
#icaewDaily #taxnews
In its latest Agent Update, @HMRCgovuk explains why it takes this action and what agents need to do: ow.ly/UoWp50VrkNf
#icaewDaily #taxnews
Reposted
🧵 NEW: Is Britain really a high tax country?
Our collective tax bill is at its highest share of GDP since the 1940s
But actually, the tax and NI paid by the average worker are at their lowest in decades.
What’s going on?
1/7
@thetimes.com
Free link 🔗 www.thetimes.com/article/25aa...
Our collective tax bill is at its highest share of GDP since the 1940s
But actually, the tax and NI paid by the average worker are at their lowest in decades.
What’s going on?
1/7
@thetimes.com
Free link 🔗 www.thetimes.com/article/25aa...
March 30, 2025 at 9:15 AM
🧵 NEW: Is Britain really a high tax country?
Our collective tax bill is at its highest share of GDP since the 1940s
But actually, the tax and NI paid by the average worker are at their lowest in decades.
What’s going on?
1/7
@thetimes.com
Free link 🔗 www.thetimes.com/article/25aa...
Our collective tax bill is at its highest share of GDP since the 1940s
But actually, the tax and NI paid by the average worker are at their lowest in decades.
What’s going on?
1/7
@thetimes.com
Free link 🔗 www.thetimes.com/article/25aa...
Reposted
The tax rules are changing this April. We have identified 10 important revisions that could affect you or your business: ow.ly/6lCy50Vk5Qb
#icaewDaily #taxlaw
#icaewDaily #taxlaw
March 19, 2025 at 5:48 PM
The tax rules are changing this April. We have identified 10 important revisions that could affect you or your business: ow.ly/6lCy50Vk5Qb
#icaewDaily #taxlaw
#icaewDaily #taxlaw
Reposted
So what was the tax scheme that bankrupted Frankie Dettori, and who is the unnamed adviser who sold it to him?
And why should we feel (slightly) sorry for Dettori?
Quick thread.
And why should we feel (slightly) sorry for Dettori?
Quick thread.
March 14, 2025 at 10:29 AM
So what was the tax scheme that bankrupted Frankie Dettori, and who is the unnamed adviser who sold it to him?
And why should we feel (slightly) sorry for Dettori?
Quick thread.
And why should we feel (slightly) sorry for Dettori?
Quick thread.
This is causing so much confusion. As @paullewismoney.bsky.social says it is a change to the requirement to file a tax return, the trading allowance (amount you can earn tax free) remains at £1k. The timing depends on when HMRC can built a reporting service into its app/personal tax account.
Do you have a side hustle that brings in between £1k and £3k? The govt will end the need for you to fill in a tax return. bit.ly/4iC1jAU Are you one of 300,000 people it says will benefit? DM me or email moneybox@bbc.co.uk. PS tax will still be due. Many details unclear
Government set to scrap tax returns for 300,000 Brits with 'side-hustles'
Some 300,000 people will no longer have to file tax returns, in new measures set to be announced later today.
bit.ly
March 12, 2025 at 8:58 AM
This is causing so much confusion. As @paullewismoney.bsky.social says it is a change to the requirement to file a tax return, the trading allowance (amount you can earn tax free) remains at £1k. The timing depends on when HMRC can built a reporting service into its app/personal tax account.
Reposted
Going out for a run this Sunday? Cutting the grass (or waiting in line to vote)? You can maximise your time by listening about taxes and inequality at the same time!
New episode of the Tax Stories, hosted by the fantastic @taxstories.bsky.social, out now.
janistax.substack.com/p/ep70-rita-...
New episode of the Tax Stories, hosted by the fantastic @taxstories.bsky.social, out now.
janistax.substack.com/p/ep70-rita-...
Ep.70 Rita de la Feria - On Movies And Fairness
In this episode of Tax Stories, we welcome Rita de la Feria, a globally recognized tax expert.
janistax.substack.com
February 23, 2025 at 9:31 AM
Going out for a run this Sunday? Cutting the grass (or waiting in line to vote)? You can maximise your time by listening about taxes and inequality at the same time!
New episode of the Tax Stories, hosted by the fantastic @taxstories.bsky.social, out now.
janistax.substack.com/p/ep70-rita-...
New episode of the Tax Stories, hosted by the fantastic @taxstories.bsky.social, out now.
janistax.substack.com/p/ep70-rita-...
Reposted
Are HM Revenue & Customs's services failing agents? Ed Saltmarsh unpacks key findings from our joint report with Chartered Institute of Taxation (CIOT). Listen now: linktr.ee/icaewpodcast
#icaewInsights #tax
#icaewInsights #tax
February 17, 2025 at 11:17 AM
Are HM Revenue & Customs's services failing agents? Ed Saltmarsh unpacks key findings from our joint report with Chartered Institute of Taxation (CIOT). Listen now: linktr.ee/icaewpodcast
#icaewInsights #tax
#icaewInsights #tax
Reposted
#Savers!! Updated guidance from HMRC today.
If you have tax on #interest for 2023/24 tax year (and are not in self-assessment) - it could take until 31 March 2025 for #HMRC to get a tax computation out to you
www.gov.uk/apply-tax-fr...
If you have tax on #interest for 2023/24 tax year (and are not in self-assessment) - it could take until 31 March 2025 for #HMRC to get a tax computation out to you
www.gov.uk/apply-tax-fr...
Tax on savings interest
You do not pay tax on your savings interest if you're on a low income.
www.gov.uk
January 30, 2025 at 6:25 PM
#Savers!! Updated guidance from HMRC today.
If you have tax on #interest for 2023/24 tax year (and are not in self-assessment) - it could take until 31 March 2025 for #HMRC to get a tax computation out to you
www.gov.uk/apply-tax-fr...
If you have tax on #interest for 2023/24 tax year (and are not in self-assessment) - it could take until 31 March 2025 for #HMRC to get a tax computation out to you
www.gov.uk/apply-tax-fr...
Reposted
Why no posts today? I have been struggling, grappling, wrestling with my self-assessment form! I am one of the luckless 500,000 self-employed who must account for more than one year of profits in 2023/24 - in my case 23 months. And it has been turning my brain inside out.
January 27, 2025 at 7:46 PM
Why no posts today? I have been struggling, grappling, wrestling with my self-assessment form! I am one of the luckless 500,000 self-employed who must account for more than one year of profits in 2023/24 - in my case 23 months. And it has been turning my brain inside out.
Reposted
For anyone who missed it: Spending Review will be announced to Parliament on 11th June.
January 22, 2025 at 10:31 AM
For anyone who missed it: Spending Review will be announced to Parliament on 11th June.
Reposted
My first post here - CIOT & @icaew.bsky.social "20 years of HMRC" conference on 11 March: Speakers include @davidgauke.bsky.social @hselftax.bsky.social Gus O'Donnell, Nick Macpherson, XST James Murray MP, Meg Hillier MP, @edwardtroup.bsky.social (and indeed me). events.icaew.com/pd/30211/?ut...
20 years of HMRC: reflections and looking ahead
20 years of HMRC: reflections and looking ahead. with ICAEW and CIOT.
events.icaew.com
January 16, 2025 at 5:03 PM
My first post here - CIOT & @icaew.bsky.social "20 years of HMRC" conference on 11 March: Speakers include @davidgauke.bsky.social @hselftax.bsky.social Gus O'Donnell, Nick Macpherson, XST James Murray MP, Meg Hillier MP, @edwardtroup.bsky.social (and indeed me). events.icaew.com/pd/30211/?ut...
Reposted
Quick update on the HMRC IT snafu which meant that last week they issued penalties to people who'd actually submitted their VAT returns on time:
December 23, 2024 at 9:13 AM
Quick update on the HMRC IT snafu which meant that last week they issued penalties to people who'd actually submitted their VAT returns on time:
Reposted
Let’s talk about Direct File.
It’s a free, easy way for people to file their taxes directly online with IRS.
You keep your tax refund — rather than paying $150 to a sleazy tax prep company.
It’s more efficient!
But these Republicans want you to keep wasting money on TurboTax.
It’s a free, easy way for people to file their taxes directly online with IRS.
You keep your tax refund — rather than paying $150 to a sleazy tax prep company.
It’s more efficient!
But these Republicans want you to keep wasting money on TurboTax.
December 11, 2024 at 5:08 PM
Let’s talk about Direct File.
It’s a free, easy way for people to file their taxes directly online with IRS.
You keep your tax refund — rather than paying $150 to a sleazy tax prep company.
It’s more efficient!
But these Republicans want you to keep wasting money on TurboTax.
It’s a free, easy way for people to file their taxes directly online with IRS.
You keep your tax refund — rather than paying $150 to a sleazy tax prep company.
It’s more efficient!
But these Republicans want you to keep wasting money on TurboTax.
Reposted
A whole hard and heartbreaking history of Ireland and about Irish migration on the Tube in London.
December 6, 2024 at 7:20 PM
A whole hard and heartbreaking history of Ireland and about Irish migration on the Tube in London.
Reposted
How is anyone else finding the new One Login for Government? Had my first experience this week helping an older person of my acquaintance for DVLA purposes and we have resorted to a paper form
- Can’t verify ID online as doesn’t have a smart phone
1/n
- Can’t verify ID online as doesn’t have a smart phone
1/n
December 3, 2024 at 2:05 PM
How is anyone else finding the new One Login for Government? Had my first experience this week helping an older person of my acquaintance for DVLA purposes and we have resorted to a paper form
- Can’t verify ID online as doesn’t have a smart phone
1/n
- Can’t verify ID online as doesn’t have a smart phone
1/n