Tag: income tax
HMRC targets ‘personal expenditure’ in tax crackdown on UK households
An initial trial of the crackdown held last year exposed reporting inaccuracies among taxpayers. …
HMRC refunds worth £3800 issued to older Brits
HMRC has repaid £48.7million in overpaid tax between April 1 and June 30, with an average payment of £3,815 …
HMRC tax shock alert as millions to be hit by ‘surprise’ bill
The taxman is set to target a host of new people this year who might have no clue they are about to be hit with a levy. …
Top 45% tax rate now hitting Middle Britain
HMRC figures show that 1.2million people will pay the additional rate this year …
Only one tax will help Rachel Reeves plug her Budget black hole – but it will destroy her
The Chancellor might as well resign now. It’ll save her an awful lot of bother. …
HMRC issues 12 month tax warning set to impact 700,000 ordinary Brits
Four in five accountants view the tax change as the biggest challenge of the year ahead. …
HMRC sending instant £100 fines to taxpayers ‘four times a year’
Taxpayers who miss crucial deadlines will be hit with £100 fines up to four times a year. …
Rachel Reeves tax bombshell as 3.35m people’s savings to be hit
The Chancellor is thought to be preparing a way for more Brits to pay more in tax. …
HMRC increases tax-free personal allowance to £20,070 for self-assess households
HMRC will give you a £20,070 allowance tax free legally if you submit a self-assessment tax return in this circumstance. …
Minimum income tax bill for every state pensioner after triple lock boost
Every state pensioner will be liable to pay some income tax following upcoming triple lock boosts. …
