If the underpayment wasn’t the person's fault, they might be able to have the tax forgiven by asking HMRC for an "Extra Statutory Concession" or an A19. However, this isn’t guaranteed to be approved.
HMRC is urging individuals to see if they could enhance their state pension by making voluntary national insurance (NI) contributions before the 5 April 2025 deadline. The state pension underwent ...
HM Revenue and Customs (HMRC) has issued a stern warning to those who work from home. Many could be at risk of losing thousands of pounds if they fail to check their eligibility before making a ...
Inheritance tax (IHT) receipts have soared to £7billion between April 2024 and January 2025, according to the latest figures released by HM Revenue & Customs (HMRC) The substantial sum represents a £0 ...
Seb Maley, CEO of Qdos, said: "The story here is that HMRC still charges double the amount of interest than it pays on money owed to taxpayers in the form of refunds and rebates. It's a huge ...
HMRC has warned taxpayers over a £1,000 threshold which means you have to fill in a form. The government's tax arm responded to taxpayers via Twitter, now X, who asked whether they needed to fill ...
Seb Maley, CEO of tax insurance firm Qdos, said: "The story here is that HMRC still charges double the amount of interest than it pays on money owed to taxpayers in the form of refunds and rebates. It ...
HMRC has warned taxpayers over a £1,000 threshold which means you have to fill in a form. The government's tax arm responded to taxpayers via Twitter, now X, who asked whether they needed to fill in ...
Thousands of people owe money to HMRC. For those facing overdue taxes, there's the option to arrange a Time To Pay agreement, offering some leeway whilst settling their dues. In a digital step ...
His Majesty’s Revenue and Customs (HMRC) says UK households can increase their State Pension by making one important check. The government department has warned that pensioners may be missing ...
Pensioners and employees who have issues with their tax could be at risk of receiving a letter from HM Revenue and Customs (HMRC). The government department is in the process of issuing both tax ...