HMRC is handing out fines of up to £360 to households across the UK who failed to meet their self-assessment tax deadline on Friday. Each year, millions of people who are self-employed, made ...

I then received a tax demand from HMRC for the interest accrued in the 2023/24 tax year, even though the bond is not due to mature until later. In my case, it means paying out £1,300 years ...

A 'double tax' warning has been issued to millions of UK households just days before the January 31 self-assessment tax deadline from HMRC. If you’re not careful, you could end up being taxed twice.

As the personal tax allowance freeze holds, 800,000 more people could be facing increased or entirely new tax bills this year just on their savings. Experts at Shawbrook Bank delved into the ...

However, around 12 million people have to sort their own taxes out, by filling in a Self Assessment form for HM Revenue and Customs (HMRC). Contrary to popular belief, this isn't just for self ...

Later in 2021, he moved to Jordan, when he received a tax penalty from HM Revenue and Customs (HMRC) for submitting his return 375 days late. Mr Yaqoobi appealed the fine, arguing that ...

A tax return tells HMRC about income you have received, along with other information about your circumstances, to determine how much tax you owe each tax year. A tax year starts on April 6 and ...

Text messages will be charged at your network rate. HM Revenue and Customs (HMRC) is the UK government department responsible for the collection of taxes. Read our Which? money guides for more ...

This includes claims for essential work costs such as uniforms, tools, and travel expenses. Workers can either provide receipts for actual expenses or opt for HMRC’s flat-rate deductions ...