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.
Provided they’ve met other requirements, they could be eligible to set up a payment plan with HMRC online. HMRC has warned more than three million taxpayers are risking getting a £100 fine by ...
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 ...
For the first time, online platforms such as eBay and Vinted must tell HMRC about sales information from people selling 30 items or more or who earned at least £1,700. The authority will assess ...
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 ...
When you’re making content, branding is very important. If you use Filmora to edit videos or make other content, adding the Filmora logo PNG to your designs can be a smart way to show that you work ...
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 ...