The number of people who will have to pay a higher rate of income tax is expected to rise by nearly two-fifths in the current ...

Harsher inheritance tax reforms are set to take effect from April 2026, prompting many rural families to act well in advance.

HM Revenue & Customs (HMRC) is set to rake in an estimated £17m of the record-breaking £53.5m prize pool this year, analysis ...

The family-run business combines the high standards of client care that you would expect from a Nottingham-based firm of ...

As reported by the Daily Record, the total number of income tax payers is expected to reach 39.10 million in 2025-26, an ...

Since the return of the tiered Corporation Tax (CT) plan by the HMRC in April 2023, there has been a resurgence in the concept of Marginal Relief.

READ MORE: HMRC confirms new change to income tax to start next yearREAD MORE: New call to scrap National Insurance deductions for working people aged over 60 Sarah Coles, head of personal finance ...

as indicated by HMRC data. This will bring the total to over seven million. Data from HM Revenue and Customs reveals that in 2021-22, 4.4 million individuals paid 40% tax on a portion of their income.

State pensioners face a letter from HMRC within the next "nine months". State pensioners born before 1959 risk seeing ...

I live on a pension, My income hasn't changed in years. Any ideas please." HMRC asked: "Hi Stephen. Do you have a Personal Tax Account to check the breakdown of this tax code? Suchona" "108L," the ...

The number of higher rate tax payers is set to balloon to more than 7million - and they must pay tax on savings interest over ...