Tag: taxes
HMRC outcry as penalty tax trap squeezes enormous sums in interest payments
The news comes as grieving families are being hit with crippling inheritance tax bills …
HMRC warning as people urged to check doormats and letter boxes
As the end of the tax year looms, hundreds of thousands of taxpayers across the UK will receive dreaded correspondence from the taxman. …
Rachel Reeves could soon hike income tax rates, experts warn
Britain’s leading economic think tanks have sounded the alarm …
HMRC explains how to avoid £100 fine for missing tax deadline
HMRC has shared 10 valid reasons that could exempt you from a £100 penalty for missing the self-assessment deadline …
Supermarket shoppers buying wine braced for extra charges under new rules
New rules coming into effect mean additional charges for customers buying alcohol. …
Huge HMRC blunder exposed just days before major tax deadline
HMRC faces backlash over call centre failures as 44,000 customers were cut off ahead of the tax deadline. …
Warning as 800,000 people to be dragged into paying more tax
The personal savings allowance, introduced in 2016, is a set amount of interest that a saver can earn before tax is due. …
HMRC issues alert to anyone who creates online content
People creating content online have been issued an alert by HMRC. …
Labour to hit 2.5 million people with sneaky tax hike
Millions of people will be dragged into paying income tax as millions of others will be forced to pay the higher rate band. …
Stealth tax raid means millions of people are set to pay more
Some 7 million will pay 40 percent tax on some of their income through 2025-2026, according to the Office for Budget Responsibility . …
