The self-assessment telephone helpline has been closed by HMRC for the entirety of summer.

Recent HMRC data shows that the Treasury collected £786.6 billion in taxes in 2022/23 – a 9.9% increase on last year's total of £715.3bn.

The Government has launched a consultation to modify the tax treatment of cryptoassets used in decentralised finance (DeFi) lending and staking transactions.

Just weeks after announcing downloadable self-assessment returns would no longer be available online, HMRC has backtracked its decision.