The Chartered Institute of Payroll Professionals
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PAYE check your income tax service
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pensions lifetime allowance
repayments
tax calculation trusted helpers.
The Institute of Chartered Accountants in England and Wales (ICAEW) have also listed the below HMRC services to be unavailable during this period:
agent services account
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childcare service
lifetime ISA
look up residency status for relief at source MTD for income tax self-assessment
VAT registration VAT submission payrolling benefits pension schemes.
ICAEW further informs that HMRC helpline staff will also be unable to access these services during the closure. This means that some helplines will be unavailable on the afternoon of Friday 23 June, including the Agent Dedicated Line, the National Insurance helpline and the PAYE helpline. For other helplines relating to tax for individuals, HMRC advisers may only be able to provide general advice.
Find out more, here.
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Tax gap for 2021/22 holds steady at 4.8% Published: 22 June 2023 Emailed: 28 June 2023
HM Revenue and Customs (HMRC) has confirmed the estimated tax gap for tax year 2021/22 is at an all-time low of 4.8%.
The annual Measuring Tax Gaps publication estimates the difference between the total amount of tax expected to be paid and the total amount of tax actually paid to HMRC.
It has been reported that, errors, a lack of sufficient care, evasion and criminal attacks all contribute to the tax gap, which has fallen from 7.5% in 2005/06 to 4.8% in 2021/22. In monetary terms, the tax gap has remained at 4.8% because estimated tax liabilities rose from £643 billion in 2020/21 to £739 billion in 2021/22. The report aims to enhance public trust in the tax system and in HMRC’s ability to support taxpayers in meeting their obligations and pay the tax they owe. HMRC estimate the tax gap using the most up to date information available every year, however, figures may be revised as more data becomes available.
Further findings for the 2021/22 tax gap publication can be located, here.
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HMRC: guidance updates and service availability Published: 23 June 2023 Emailed: 28 June 2023
HM Revenue and Customs (HMRC) has now updated the GOV.UK guidance and advised of planned downtime.
Below are the key updates:
cipp.org.uk
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