News

The launch on April 6, 2026 will mark a significant and time-saving change for certain people in how to report income to HMRC.
HUNDREDS of thousands of low earners have been slapped with hefty HMRC fines, even though they don’t owe any tax. Currently, ...
Cryptocurrency holders are being warned by HM Revenue and Customs (HMRC) that new reporting requirements starting next year ...
Those with £3,500 or more in savings are being warned they may face a surprise tax bill letter from HM Revenue and Customs in ...
Landlords are facing a renewed tax crackdown from the Labour Party government's tax arm as a result of huge levels of ...
With more UK households being pulled into higher tax brackets due to frozen thresholds, millions are missing out on ...
Under normal circumstances, the standard Personal Allowance allows you to earn £12,570 per year without paying any Income Tax ...
However, if you earned under £18,570 in a year, you may be able to increase your tax-free allowance to that amount using HMRC ...
Former tax inspector's analysis highlights compliance challenges across Leeds, Sheffield, and West Yorkshire rental markets ...
The crackdown is part of a larger drive by HMRC to tackle tax evasion. Chancellor Rachel Reeves announced in her Spring ...
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 ...
Tax authorities have imposed 600,000 penalties on low-income workers who do not owe any tax, with automatic fines beginning ...