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The UK tax authority is tightening control over pension relief claims by higher earners to “protect taxpayers’ money”, as part of a wider push to collect more revenue.
State pension rates increase each April thanks to the Triple Lock pledge, which was introduced by the Conservative Party and Liberal Democrats coalition government previously.
Scammers are using increasingly sophisticated methods to trick people into sharing personal details or paying for fake self assessment tax refunds ...
Parents have just 10 days left to secure more than £1,300 a year in Child Benefit – or risk losing the payments altogether. With GCSE results reeleased earlier today (Thursday) ...
HM Revenue and Customs (HMRC) is urging millions of people to be on their guard against a rising number of scammers impersonating the UK Government attempting to obtain personal and financial ...
HMRC is considering plans to raise money from a tax on the sale of homes worth more than £500,000, according to reports. Government officials are looking at a potential national property tax, which ...
However, it is important to note that this income increase doesn't occur automatically - there are steps you need to take.
From the beginning of this year, HMRC started receiving data on sales of Vinted, eBay, and Etsy users involved in more than 30 transactions per year, regardless of profit. On Vinted, particularly, ...
Tax expert Mike Warburton spoke to the Telegraph in a Q&A session, responding to tax queries from UK households. Mike outlined how inheritance tax receipts will double over the next five years, ...
Usually, if you haven't paid the correct amount of tax, HMRC will send you a letter by the end of the tax year (April 5). UK ...
HMRC now has access to online selling data, and those failing to comply could face investigations - or even penalties that ...
HMRC has admitted for the first time that it uses artificial intelligence (AI) to spy on taxpayers’ social media posts.
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