HMRC has issued more than 1 million 'simple assessment' letters to people who owe income tax that cannot be collected via PAYE, with the average underpayment jumping from £600 to £920 in recent years ...
This figure shows how many people received a simple assessment tax bill in 2023/24 - here is who could be affected ...
Personal finance expert Martin Lewis has given a warning to anyone gettting a letter from HMRC - and told them they ‘must ...
Personal finance expert said little known HMRC rule means savers could be hit with an unexpected tax bill ...
Frozen income tax thresholds are dragging growing numbers of pensioners and savers into the tax net – with more than 1.32 million people hit with unexpected end-of-year demands from HMRC.
HMRC is tightening its grip on pensioners and savers, with more than 1.32 million people hit with unexpected end-of-year ...
HMRC has been sending out tax demands to over 300,000 individuals for sums that many consider trivial. Despite the growing ...
In the 2023-24 tax year, 1.32 million people were sent the dreaded brown envelopes informing them they owed income tax, a significant increase from 675,000 in 2021-22, according to data obtained from ...
The number facing a 'simple assessment' tax demand has surged as more breach the frozen £12,570 threshold.
HMRC is failing taxpayers in their hour of need as its customer service suffers ahead of the self-assessment deadline. More than 12 million are expected to submit a tax return this year, but as of Jan ...
HMRC loses more than 60% of cases when taxpayers appeal an automated penalty it has imposed, new figures show.
The digital bank's free HMRC-recognised tax tool is unveiled ahead of Making Tax Digital changes. Monzo is aiming to make ...