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HMRC Stakeholder Digest: October 2022

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HMRC’s 27 October Digest includes a number of helpful reminders:

  • Self-assessment deadline: a reminder to taxpayers to file their tax returns and pay any tax on or before 31 January 2022.
  • MTD for VAT returns: a reminder for businesses to use MTD -compatible software from 1 November 2022 to keep their VAT records and file their VAT returns, unless exempt.
  • Guidance for arrivals from Ukraine on paying tax in the UK: a reminder of UK tax implications for those arriving from Ukraine
  • Tax credits customers’ second cost of living payment: HMRC is making the second cost of living payment of £324 between 23 and 30 November to individuals receiving tax credits and no other eligible DWP benefits. HMRC is also making payments between 26 October and 2 November to a small number of tax credit recipients who, due to a change in circumstances over the qualifying period, have now become eligible for the first cost of living payment of £326.
Issue: 1595
Categories: News
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