HUNDREDS of thousands of workers could be hit with extra charges under an HMRC shake-up from April. Self-employed workers and ...
Two million taxpayers are at risk of a £100 fine from HMRC for missing the tax return deadline. More than 12 million people are expected to submit a tax return this year – but only 10 million had done ...
HMRC has extended its phone line availability today, which is the exact deadline day for self-assessment applications. Every ...
The guidance stresses that software systems must remain subject to human control.
"Anyone saving into a personal pension or other ‘relief at source’ scheme can get higher rate relief – but only if they claim ...
Liam Palmer says: "There are several common factors that can increase the likelihood of an HMRC enquiry or investigation for a UK ...
There are also additional penalties for late payments of 5% of the unpaid tax after 30 days, six months and 12 months. Interest may also be charged on the amount owed if tax remains unpaid after the ...
HMRC warned 3.3million people still needed to file, as of January 23.
The lowest income tax threshold has remained static at £12,570 since 2021, while wages have steadily risen due to inflation. But there are ways to raise the threshold ...
In the final three months of the year, HMRC had processed 13,652 tax repayment claim forms for pension flexibility payments.
There are a number of details that can easily be overlooked when filing, but which could give landlords access to tax reliefs and cut their bill significantly.
HM Revenue & Customs is bidding to modernise its tax systems by migrating from ECC6 to SAP’s cloud-based Rise with SAP programme, adopting S/4Hana and AI to enhance efficiency and taxpayer experience.