News

The department has outlined its intent to put in place a £6m commercial engagement with the aim of hearing from possible ...
HM Revenue and Customs has begun issuing P800 letters to around four million UK households who have overpaid income tax.
The proportion of pensioners who are likely to have to pay income tax on their retirement income this year has been estimated ...
The proportion of pensioners who are likely to have to pay income tax on their retirement income this year has been estimated ...
Helen Morrissey, who leads retirement analysis at Hargreaves Lansdown, has warned that many more retirees will find ...
The recently published annual ‘Fraud and error in the benefit system’ report, which estimates how much money the Department ...
Experts also warned the inheritance tax raid could ensnare far more families than predicted. According to government ...
The amount is reported to be up 57% from the £5.6bn that the UK tax agency believes was underpaid in the previous year ...
HMRC is warning people to be on high alert for scams linked to winter fuel payments after HM Revenue and Customs (HMRC) received 15,100 reports of bogus activity last month. Callous fraudsters have ...
Crypto investors could soon face a £300 fine if they fail to share key information with service providers. The new rules, set to take effect from January 2026, are part of a government push to improve ...
HM Revenue and Customs (HMRC) has issued a major warning to sole traders and landlords who will be affected by the new income tax change ...
The Institute of Chartered Accountants in England and Wales also queried whether HMRC resources could be better spent ...