HM Revenue & Customs has started using GOV.UK One Login for taxpayers signing up to its digital services for the first time.
This means that if you do not already have a Government Gateway account, you will now register using an email-and-password login rather than needing to obtain a 10-12 digit Government Gateway ID.
For now, this only affects new HMRC users. Existing Government Gateway users do not need to switch yet.
Even if you already have a GOV.UK One Login that you use for another government service, you will still need to use your government gateway to access HMRC’s services for the time being.
HMRC plans to roll out GOV.UK One Logins gradually and will contact existing users when it is ready for them to move over.
Eventually, GOV.UK One Logins will become the single login for everything from filing a tax return to renewing a passport.
If you need help registering for or accessing HMRC services, please contact us. We will be happy to help you! See: https://www.gov.uk/government/news/hmrc-introducesgovukonelogin-for-new-customers
The government has published a technical consultation on its new Founders’ Relief. The consultation itself provides an overview of the proposed qualifying conditions for it, including individual and company requirements and what must be satisfied. HMRC’s own figures, however, show that the strict conditions mean only about 600 individuals will be eligible to apply each year.
It’s bad news for mortgage holders and borrowers as the Bank of England (BoE) raises interest rates by a quarter point to 4% for the first time since August 2023.
