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Jon Stride, Vice Chair of the ATT Technical Steering Group, for warnings that a change to HMRC’s policy on who needs to file a Self-Assessment return will result in some high-earners paying the wrong amount of tax.
Just as HMRC launched a campaign encouraging people to file their Self-Assessment returns for the 2022/23 tax year early, they also quietly announced a change to who they expect to file returns for the current tax year. HMRC did not consult on the rule-change and it has so far been poorly publicised.
HMRC change means some high-earners won’t pay the right amount of tax
✉️ Jamie Presland, External Relations Officer, jpresland@att.org.uk / 020 7340 0595