#uk-tax-system
#uk-tax-system

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Removing 'side hustle' taxpayers from Self-Assessment obligations will help free up the UK's 'clogged' tax system - London Business News | Londonlovesbusiness.com

The UK government aims to simplify tax obligations by removing 300,000 taxpayers from self-assessment, improving efficiency.

HMRC legacy systems are taxing in more ways than one

HMRC faces significant remediation costs, with legacy systems driving up expenses by up to 390%, thus delaying modernization efforts.

HMRC doubles payouts to tax whistleblowers amid calls for larger rewards

HMRC has significantly increased rewards for tax fraud tip-offs, but has been criticized for their adequacy compared to the scale of fraud.

The UK's tax reporting system lacks transparency and sufficient incentives for whistleblowers, deterring substantial reporting of tax fraud.

Removing 'side hustle' taxpayers from Self-Assessment obligations will help free up the UK's 'clogged' tax system - London Business News | Londonlovesbusiness.com

The UK government aims to simplify tax obligations by removing 300,000 taxpayers from self-assessment, improving efficiency.

HMRC legacy systems are taxing in more ways than one

HMRC faces significant remediation costs, with legacy systems driving up expenses by up to 390%, thus delaying modernization efforts.

HMRC doubles payouts to tax whistleblowers amid calls for larger rewards

HMRC has significantly increased rewards for tax fraud tip-offs, but has been criticized for their adequacy compared to the scale of fraud.

The UK's tax reporting system lacks transparency and sufficient incentives for whistleblowers, deterring substantial reporting of tax fraud.

Payments on Account for Self-Assessment: What They Are and How They Work

Payments on Account help manage UK tax payments for self-employed individuals by breaking down their tax liabilities into advance installments.

What Tax Reliefs Are Available for Hybrid Working in the UK?

Hybrid working offers flexibility but comes with financial complexities that can be mitigated through available tax breaks.

#economic-growth

All Major Parties' Tax Manifestos could lead to nasty shock for taxpayers

Tax policies in major Parties' manifestos may mislead voters about future tax over 5 years.

Capital gains tax raid could create one of the world's most 'anti-growth' tax systems

Chancellor Reeves's Budget risks making the UK's tax system one of the least competitive in the developed world.

All Major Parties' Tax Manifestos could lead to nasty shock for taxpayers

Tax policies in major Parties' manifestos may mislead voters about future tax over 5 years.

Capital gains tax raid could create one of the world's most 'anti-growth' tax systems

Chancellor Reeves's Budget risks making the UK's tax system one of the least competitive in the developed world.

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Recruiting 5,000 new HMRC compliance officers just first step in fixing UK's tax system, says Blick Rothenberg

Recruiting 5,000 new HMRC officers is a positive step but insufficient to fix systemic issues in the UK's tax system.

What personal tax rises might Rachel Reeves introduce to ease UK deficit?

Inheritance tax in the UK affects only a small percentage of estates due to high thresholds and various exemptions.

Changes to exemptions and allowances could increase tax revenue but may face public opposition.

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