HMRC has issued more than 1 million 'simple assessment' letters to people who owe income tax that cannot be collected via ...
These demands typically hit those with state pensions, savings income or small private pensions, where tax is not deducted at ...
Simple Assessment, despite being a paper-based system, is part of the government’s Making Tax Digital programme. The goal is for HMRC to use information that it already holds to produce the income tax ...
Thousands of savers may be at risk of overpaying tax after His Majesty's Revenue and Customs sent them follow-up bills when some tax had already been paid. Earlier this year, the tax office sent ...
Lancs Live on MSN
More than one million Brits face unexpected £920 tax bills due to frozen thresholds
By 2023/24, it had risen to £920, according to data obtained under the Freedom of Information Act. Experts have warned that ...
Anytime the Government announces it is simplifying something you can pretty much guarantee things are about to get more complicated. Now HMRC’s new ‘Simple Assessment’ for tax has come under fire for ...
inews.co.uk on MSN
Savers and pensioners hit with extra £920 bills due to stealth tax
Over a million people including savers and pensioners have been hit with surprise tax demands averaging £920, according to ...
HMRC launches its new Simple Assessment for tax this month. But as you might expect, the new system is anything but simple. If you didn't have it marked in your diary, HM Revenue & Customs (HMRC) ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback