Tag: HMRC
Inheritance Tax blow for bereaved as number facing big bill over cash gifts rises
The Chancellor Rachel Reeves is understood to be planning major changes to what has been described as Britain’s most hated tax in her October budget …
HMRC could ‘write off’ some state pensioners’ tax bills – but experts issue warning
Hundreds of thousands of pensioners face being dragged into the tax system due to frozen personal allowances …
State pension tax warning as HMRC may ‘adjust your record’ when calculating bill
A pensioner got in touch with a query about how their tax would be calculated. …
HMRC issues urgent two-week warning or households risk losing benefit payments
More than 270,000 households have acted on HMRC’s alert so far. …
Brits urged to challenge HMRC fines after 73% success rate
An automatic fine is a monetary penalty issued by HMRC for those who miss a filling or payment date …
Major HMRC tax change for thousands of households starts today – will your bill drop?
The change will come as a relief to those struggling with their tax bills. …
HMRC gives August 31 2024 deadline to claim £1,331 or ‘payments stop’
Child Benefit is worth up to £1,331 a year for the first or only child, and up to £881 a year for every additional child …
Inheritance tax: Who pays it and how much you have to pay
Inheritance tax is only charged on the value of an estate above a certain threshold and is paid by the person who is dealing with the estate …
HMRC warning as millions could face be hammered by new tax rule change
If you sell your items online using Vinted, Depop or eBay, you may need to submit a self-assessment form to HMRC. …
‘I’m an expert – here are the changes to make to your will before it’s too late’
Making sure your will is up to date is important to ensure your estate will be distributed according to your wishes when you die. …
