The Autumn Statement 2023

Self-Assessment payments via the HMRC app treble to £121 million

Almost 100,000 tax-payers have paid £121 million using the HM Revenue and Customs’ (HMRC) app since April 2023, taking advantage of the new way to pay their Self-Assessment tax bill.

Latest figures from HMRC reveal that between April and September 2023, 97,365 taxpayers used the app to settle their tax bill for the 2022 to 2023 tax year – more than 3 times the £34.6 million paid by 36,467 taxpayers during the same period last year.  

Tax-payers have been able to pay their Self-Assessment tax bill via the free and secure HMRC app since February 2022 and there is a YouTube video demonstrating how to make a payment. 

See: Self Assessment payments via the HMRC app treble to £121 million - GOV.UK (www.gov.uk)

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Companies urged to file accounts early and online to avoid penalties

Running your own company can be exciting but also challenging. Directors have lots of responsibilities including keeping company records up-to-date and making sure they’re filed on time.

All limited companies, whether they trade or not, must deliver annual accounts to Companies House (CH) each year. This includes dormant companies.

If we do not file your accounts then you can use CH online services which are available 24 hours a day, 7 days a week - and there are in-built checks to help you avoid mistakes.

It can take as little as 15 minutes from start to finish and you’ll know your accounts have been delivered on time. To file online, you’ll need your company authentication code. If you need to request a new code, you should allow up to 5 days for this to arrive at the company’s registered office.

You should only send paper accounts if your company cannot file online.

See: Filing your Companies House accounts- GOV.UK (www.gov.uk)

See our self-assessment blog here

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