They asked the tax body to confirm the rules for ISAs. HMRC clarified: "An ISA is a type of savings account. Customers can ...

A petition on the Parliamentary website calls on the new Labour Party government to "raise the income tax personal allowance ...

The Labour Party government's tax arm has issued a stark warning to millions of Brits who have National Insurance (NI) numbers, urging them to take action 'today' ...

“There are about two million individuals with an income above £35,000. Those who receive a Winter Fuel Payment will have the ...

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

The number of people who will have to pay more tax is expected to rise by nearly two-fifths in the current financial year ...

The government may have so far kept promises not to raise income tax rates but chancellor Rachel Reeves has continued the ...

Hundreds of thousands more pensioners will need to pay tax on their pension income at the end of this tax year, new HMRC data ...

But the tax-free allowance on capital gains has reduced in recent years from £12,300 to £6,000 in April 2023, and slashed ...

A dividend represents a portion of a company's post-tax profits that is distributed to its shareholder (s). Dividends may only be issued if the business has generated sufficient retained profits.

HMRC has put out a warning for phone calls, emails and text messages, following a spate of attacks by fraudsters posing as the tax office ...

An influx of taxes paid by businesses put Britain's budget deficit on track to meet official forecasts at the start of the ...