HMRC guidance states that this rate applies to "the main taxes and duties that HMRC currently charges and pays interest on".
Explaining this discrepancy, HMRC guidance states: "The difference between rates is in line with the policy of other tax ...
HMRC loses more than 60% of cases when taxpayers appeal an automated penalty it has imposed, new figures show.
According to figures obtained through a Freedom of Information Request (FOI) by national accountancy group UHY Hacker Young, ...
HMRC overcharged taxpayers £3.5 billion in income tax the latest data shows, with tax coding errors largely to blame.
HMRC is beginning to start contacting UK households over a tax rule change within the next fortnight. Tax returns are ...
"Penalty reform rules mean customers are given points for failing to submit quarterly updates or their tax return, on time." ...
In 2025, HMRC launched its Agent Outreach scheme, to reach out to small and medium-sized accountancy practices, to urge them ...
This covers all income earned through rental properties, including furnished holiday lets such as AirBnB, and any income earned on overseas lettings. However, HMRC requires you to keep UK and overseas ...
The tax filing deadline for the 2024/25 Trust and Estate tax return is 31st January. A trust is a way to manage assets (money, investments, land or buildings) for people. It may be set up to: ...
Tax officials overcharged workers £3.5billion in income tax last year, leaving 5.6 million Brits out of pocket, new figures ...