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 ...

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

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.

Workers working off their own back as self-employed or freelancers could be at risk of facing a major fine in October.

HMRC figures reveal that almost £50 million was returned to savers in 2024 who had been overtaxed on their pension ...

If you pay more than 20 per cent tax on some of your earnings, you can reclaim extra tax relief through your self-assessment. But if you don’t usually complete one, you can still claim it by ...

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

HMRC changes to Child Benefit mean that parents who earn over £60,000 year can now have their high-income child benefit ...

When savers over 55 take money from their pension for the first time, HMRC often applies an ‘emergency tax code’ that treats ...

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