HMRC warning to anyone with savings over £3,500
Finance expert Michael Taylor issued a warning to anyone with savings of more than £3,500 that they face the imminent arrival ...
Money Marketing8d
HMRC’s mid-year tax regime changes will impact all of us
At the time of writing, there are just 74 days left until the end of the tax year. Which begs the question, if HMRC can’t get its houses in order, is it fair to expect everybody else to be on ...
Computer Weekly1d
HMRC spends £785m a year on running digital tax systems
HM Revenue and Customs (HMRC) continue to face increasing costs and challenges as it presses on with becoming a fully digital tax authority, according to a National Audit Office (NAO) report.
The Mirror11d
HMRC warning as millions risk £100 fine by missing major tax deadline today
The deadline for filing your self-assessment tax deadline is tomorrow and risk a fine from HMRC if you miss it. This year's deadline is for the 2023-24 tax year, and HMRC warns that if you fail to ...
This is Money24d
HMRC tax return deadline looms: Who needs to file for self-assessment?
you can check if you need to using HMRC's website. If you submitted a tax return last financial year but believe you no longer need to, then you need to tell HMRC, and they need to agree to this ...
Daily Express28d
HMRC says ‘it’s important’ as tax warning issued
His Majesty’s Revenue and Customs (HMRC ... your tax bill late, and you’ll also be charged interest on late payments. You’re required to submit a tax return if, in the last tax year from ...
The Daily Telegraph20d
HMRC to close pensioner tax trap
After years of campaigning by pensions experts, HMRC has confirmed it will automatically update people’s tax codes from April 2025 to ensure they don’t over or underpay at the end of that year.
The Mirror10d
Inheritance tax grab warning as HMRC suspects £325million underpaid last year
In the tax year ending March, 31 2024, HMRC brought in an extra £285million in tax from investigations into the underpayment of Inheritance tax – 14% up on £254million collected from ...
This is Money11d
HMRC sent tax demand for my fixed savings account - even though I won't be paid the interest until it matures
I then received a tax demand from HMRC for the interest accrued in the 2023/24 tax year, even though the bond is not due to mature until later. In my case, it means paying out £1,300 years ...
MoneyWeek20d
Inheritance tax receipts surge 10% – HMRC on track for another record year
The taxman is set for another record year when it comes to inheritance tax (IHT). HMRC collected £6.3 billion in the first nine months of the tax year. This figure is up more than 10% compared to ...
The Sun25d
HMRC issues two-week warning to anyone who sells on Vinted or eBay – check if you need to act NOW
who may not realise they need to file a return or pay tax. And the rules have changed this year, meaning platforms like Vinted or eBay must alert HMRC about sellers who make more than 30 ...