Question: I’m likely to become a higher-rate taxpayer this financial year. If I choose to pay into a self-invested personal ...

In this, the 'L' shows that you're entitled to the standard tax-free Personal Allowance - the amount you can earn each year ...

MILLIONS of pensioners will be hit with £300 tax bills issued by HMRC this winter. From November, around nine million ...

HOUSEHOLDS risk being fined up to £1,000 by HMRC if they don’t take action today. You need to tell the tax office today, ...

HM Revenue and Customs (HMRC) customers are being warned of a looming deadline that could see them slapped with a hefty fine ...

A common example is a jointly held rental property. A couple might want to split the income in a more tax-efficient way by ...

HM Revenue & Customs (HMRC) raked in an extra £4.6bn in the last tax year by using its data tool. The amount of additional ...

Recent figures indicated a slight downturn in the amount of R&D tax relief claimed in the UK for the tax year 2023 to 2024.

HMRC has issued a warning to Brits not to miss the upcoming deadline to submit their paper self-assessments. The Government ...

Smith Senior Manager from Menzies LLP unpacks the evolving landscape of R&D tax relief in the UK, highlighting how recent legislative changes and HMRC’s ...

Ms Morrissey explained that people accessing a lump sum from their pension for the first time can be taxed too much. The main reason is that the HMRC system mistakenly believes that the same amount ...