Crypto investors could soon face a £300 fine if they fail to share key information with service providers. The new rules, set ...

I know that many of you plan to start up a business and go self-employed on release and others will also enter employment under PAYE. As you are aware you are entitled to earn £12,570 without ...

Steps are being taken to ensure those who’re making money on crypto are also paying their fair share of tax, in a move HMRC ...

According to HMRC, individuals who qualify for a Winter Fuel Payment will automatically receive the funds without needing to ...

According to HMRC, those who qualify for a Winter Fuel Payment will automatically receive the funds without needing to apply.

Sole traders and landlords earning over £50,000 will be required to use Making Tax Digital (MTD) for Income Tax in less than a year. This significant shift towards digital record-keeping and income ...

The Tax Policy Associates (TPA) has warned that over 600,000 people were fined £100 by HMRC between 2018 and 2023 ...

HM Revenue and Customs (HMRC) has charged 600,000 late penalties to low earners despite them owing no tax. The tax office applies an automatic £100 fine if someone misses the tax return deadline of ...

The crackdown is part of a larger drive by HMRC to tackle tax evasion. Chancellor Rachel Reeves announced in her Spring ...

The complicated and risky nature of replacing IT suppliers in major government contracts means Fujitsu will be cashing in for years to come.

If you've not registered for self-assessment before, you must register by October 5. Fail to do either of these things and you could end up facing a hefty fine from HMRC.