HM Revenue and Customs (HMRC) has issued £1.8 million in refunds after reviewing cases where families were hit with penalties for failing to register for a charge relating to their child benefits. Continue reading HMRC refunds £1.8 million child benefit tax penalties
HM Revenue and Customs (HMRC) has recently withdrawn an appeal in a key court case over a 55 per cent charge it wanted to levy. Continue reading HMRC backs down from pension tax case
According to new research conducted by the National Centre for Social Research (NatCen) and the Institute for Fiscal Studies (IFS), only one in four people who make financial gifts are aware of the inheritance tax (IHT) risks. Continue reading Are you aware of the inheritance tax risks associated with gifting?
According to the latest research from the Post Office, just under half (46 per cent) of workers have never checked their personal tax accounts. Continue reading Workers could be missing out by not checking personal tax accounts
According to data released by HM Revenue & Customs (HMRC) inheritance tax (IHT) payments have hit a record high. Continue reading HMRC reveals inheritance tax payments have hit a record high
The presenter of television show Loose Women, Kaye Adams, has become the latest TV personality to win a case against HM Revenue & Customs (HMRC) over her employment status. Continue reading HMRC suffers defeat in an IR35 case
The Colombian singer, Shakira whose estimated wealth is £176 million, is being investigated on suspicion of committing six separate counts of tax fraud against the Spanish Treasury totalling more than £12.5 million (€14.5 million). Continue reading Shakira to face tax fraud accusation in Spanish court
Self-employed taxpayers may be failing to claim on average £1,687 in tax-deductible expenses, a new report has revealed. Continue reading Can you save more than £355 on this year’s self-assessment?
HM Revenue and Customs (HMRC) have issued a reminder that taxpayers have less than a month left to complete and submit their Self-Assessment tax returns. Continue reading HMRC issue reminder over Self-Assessment tax returns
The majority of Britons will pay less income tax from April 2019 following important changes announced in this week’s Autumn Budget. Continue reading Majority of Britons to pay less income tax following changes announced in Budget