HM Revenue and Customs (HMRC) has outlined 10 valid reasons that could save you from a £100 penalty for missing the self-assessment deadline. A reasonable excuse is defined as an unforeseen ...

HM Revenue and Customs (HMRC) is alerting Brits that that they have just two months left to bolster their State Pension funds. People have until April 5 to plug any gaps in their National ...

Savers with £3,500 or more tucked away could be hit with an unexpected tax demand from His Majesty's Revenue and Customs (HMRC). HMRC has the capability to automatically detect interest accrued ...

HM Revenue and Customs (HMRC) is alerting Brits that that they have just two months left to bolster their State Pension funds. People have until April 5 to plug any gaps in their National ...

With the end of the tax year approaching, people who are employed or receiving a pension may find themselves on the receiving end of a seemingly intimidating HMRC letter. Known as Simple ...

Demonstrating with an example, HMRC explains: "When you claim Marriage Allowance you transfer £1,260 of your Personal Allowance to your partner. Your Personal Allowance becomes £11,310 and your ...

Provided they’ve met other requirements, they could be eligible to set up a payment plan with HMRC online ... where you’re authorised to set up a Direct Debit. You’ll also need details ...

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 ...

Provided they've met other criteria, they might be eligible to establish a payment plan with HMRC online ... where you're authorised to set up a Direct Debit. You'll also need details of any ...

Although the tax rules haven't changed, platforms such as Vinted and other online marketplace's must now report certain information to HM Revenue and Customs (HMRC). HMRC has highlighted that the ...