HMRC will be forced to manually review more than 100,000 of its own tax calculations after taxpayers complained they were ...
Thousands more estates are expected to face Inheritance Tax when new pension rules take effect from April 2027.
Those that do need to be updated will be adjusted to ensure the most beneficial ordering is applied and people receive the ...
HMRC said: “No one who makes an honest mistake will face prosecution. Recklessness requires evidence that a person recognised ...
The tax authority plans to manually inspect 107,000 returns from the 2025–26 tax year suspected of containing errors.
The number of taxpayers paying up to 62 per cent tax on the top chunk of their pay will rise by a further 200,000 over the ...
Relief at Source (RAS) - Contributions are taken from your net (after-tax) pay, and HMRC automatically adds a 20% basic-rate ...
The cost of vaping will rise by nearly £300 a year when a new tax law comes into force next month. Vaping Products Duty will ...
One million people who missed out on pension tax relief are in line for a top-up – a former pensions minister is warning ...
HMRC made the announcement in a post on social media.
Your Personal Allowance could be ratcheted all the way up to £18,570 with an HMRC loophole.
The tax rule affects older pensioners aged 75 and over.