Self Assessment

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Tax return requirement rises to £150k

21st June 2023
To limit the number of self-assessment (SA) returns HMRC has to process it has changed the criteria for when one is required. If HMRC removes you from SA as a result, should you agree with this? Head of Tax Christiaan Hansen discusses. For 2023/24 and later tax years the self-assessment (SA) income threshold at which...
tax

SURF – Self-Assessment repayment claim verification letters

7th April 2021
HMRC’s new refund verification system looks disconcertingly like a scam. We have had several clients recently receive SURF1 and SURF2 letters from HMRC in response to 2019/20 tax returns that requested a refund. The SURF1 is being sent mainly to people who are newly registered in self assessment and it is a fraud prevention tactic....