In the coming weeks, 560,000 individuals will receive simple tax assessments for the 2023/24 tax year, according to HMRC's own figures.

Former tax inspector's analysis highlights enforcement trends affecting Northeast property investors amid rental market ...

The proportion of helpline interactions that are caused by the departments’ errors and delays, or by a mistake on the part of ...

Company car take-up soared in 2023/24, the latest tax year for which data is available, on the back of surging EV and salary ...

Millions of state pensioners born after 1951 are set to pay tax to HMRC. HMRC says the Personal Allowance is set to remain at £12,570 until the 2028/29 financial year. This could see over four ...

There has been a surge in searches for information on Making Tax Digital in recent months, according to finance specialists Rift.

The number of people paying income tax in retirement will keep increasing as long as the thresholds are frozen ...

HM Revenue & Customs (HMRC) has hit hundreds of thousands of pensioners with shock tax bills. The tax office issued 1.32m “simple assessments” in the 2023-2024 tax year, up 74pc from 757,745 ...

An estimated 90,000 of them will have no tax to pay and no reason to report their trading income to HMRC in the future at all. Others will be able to pay any tax they owe through a simple online ...

The taxman can be quick to demand what it thinks it is owed and to slap late penalties on those who miss deadlines. It’s not just a problem with inheritance tax. HMRC raked in more than £400m ...