The government plans to raise the reporting threshold for trading income – here is how it could help your side hustle ...
Welcome to February’s edition of the UK Tax Round Up. This month has seen a number of interesting decisions covering the unallowable purpose test ...
Workers could receive an important letter from HM Revenue and Customs (HMRC) that could lead to a refund. The government department will send out a P800 letter which will tell the recipient that ...
These quarterly reviewed rates are used when employers reimburse employees for business travel in company cars or when employees repay the cost of fuel used for private travel. For diesel vehicles, ...
HMRC is urging individuals to see if they could enhance their state pension by making voluntary national insurance (NI) contributions before the 5 April 2025 deadline. The state pension underwent ...
If you have a second job - or multiple forms of income - your tax code will be different. In the email, HMRC said: "Your PAYE Income Tax records have recently changed, which means the amount of ...
HM Revenue & Customs (HMRC) is working to fix a glitch in communications between systems that has seen self-assessment tax rebates paid twice to some claimants. A communications glitch between ...
HM Revenue and Customs (HMRC) has issued a stern warning to those who work from home. Many could be at risk of losing thousands of pounds if they fail to check their eligibility before making a ...
Inheritance tax (IHT) receipts have soared to £7billion between April 2024 and January 2025, according to the latest figures released by HM Revenue & Customs (HMRC) The substantial sum represents a £0 ...
Seb Maley, CEO of Qdos, said: "The story here is that HMRC still charges double the amount of interest than it pays on money owed to taxpayers in the form of refunds and rebates. It's a huge ...
HMRC has warned taxpayers over a £1,000 threshold which means you have to fill in a form. The government's tax arm responded to taxpayers via Twitter, now X, who asked whether they needed to fill ...