Pensioners with incomes over £35,000 who received Winter Fuel Payments will see £17 monthly deducted through HMRC tax code changes to repay the benefit ...
The 2026 tax filing season has started and taxpayers will need to ensure their tax returns are completely accurate in order to receive their refund quickly.
Thousands of workers could face an extra bill from April under a major shake-up of the self-assessment tax system. Making Tax ...
The main way to reduce your bill at the last minute is to make sure you are claiming all reliefs and allowances you are ...
Under the changes, sole traders and landlords whose combined gross income from self-employment and/or property exceeds £50,000 a year will need to maintain digital records and use HMRC-compatible ...
HMRC has issued a warning to 3.3 million taxpayers that still need to file their Self Assessment taxes. The deadline is on ...
Don't get caught out by your tax ...
Pensioners across the UK could see their benefits drop by £17 a month due to new changes at the Department for Work and ...
HM Revenue and Customs (HMRC) have confirmed some 8.6 million people have submitted their Self Assessment for the 2024/25 ...
There are also additional penalties for paying late. Penalties will be charged at 5% of the tax unpaid at 30 days, 6 months and 12 months. If tax remains unpaid after the deadline, interest will also ...
Myrtle Lloyd, HMRC’s Chief Customer Officer, said: "Don’t leave it until deadline day. Filing now will give you peace of mind ...