Tag: income tax
HMRC to issue £100 fines to households from January
Households are warned they face a penalty for missing a looming deadline. …
HMRC rules can boost your tax-free allowance to £13,006
HMRC’s Tax-Free Personal Allowance can effectively reach £13,006 through little-known tax reliefs including work expenses …
Workers issued tax warning – ‘do this or risk losing 40%’
Christmas bonuses can be a delightful surprise, but for many UK workers, the joy is short-lived. …
HMRC announces January tax change for 12 million in UK
Brits could face hefty fines for missing the deadline at the end of January. …
Brits earning over £50,000 issued 4-month tax change warning
The latest phase of the Government’s scheme is set to go live in April. …
Increase tax-free Personal Allowance to £28,322 with 5 HMRC rules
EXCLUSIVE: These huge tax-free boosts could see you collect nearly £30,000 in a single year without paying tax on it, when added together. …
Little-known £1,260 tax rule means some workers are missing out
Finance experts have listed ways you can maximise your savings and minimise the taxes you pay, and there’s a £1,260 rule that many people don’t know about. …
Increase tax-free Personal Allowance to £13,570 with HMRC side rule
EXCLUSIVE: Tax experts have revealed a tax quirk can add another £1,000 to your tax-free Personal Allowance in any given tax year. …
HMRC issues ‘do not click’ warning after 4,800 scam reports ahead of key deadline
“Persuasive and threatening” scammers are impersonating HMRC over the phone and via email. …
Increase tax-free Personal Allowance to £13,006 with little-known HMRC rule
Brits can reduce the amount of income tax they pay. …
