UK pensioners have welcomed clarity on HMRC personal allowance rules, after the government confirmed that retirees whose only income is the ...
There is an automatic £100 penalty for anyone who failed to meet the HMRC tax deadline but there could be further charges if ...
Despite the change, taxpayers will still only need to pay tax once or twice a year, in line with current arrangements ...
The fines are being sent out to people who failed to complete the paperwork, with warnings interest can grow on top ...
The £100m figure is likely to further increase as late filers will also face daily penalties and interest charges in February.
Millions of people in the UK have to file a tax return to HMRC every year. We share our step-by-step guide.
New HMRC figures show that around one million people missed the 31 January deadline, instantly triggering fines and setting many up for further penalties in the weeks ahead.
Rachel Reeves is facing growing pressure over pensioner tax thresholds after a campaign calling for a separate tax code for retirees reached more than 54,000 signatures. The petition has now passed ...
Millions of UK workers are missing out on 'free money' by opting out of pension auto enrolment, according to consumer expert Martin Lewis.
Millions of UK workers are missing out on 'free money' by opting out of pension auto enrolment, according to consumer expert ...
The introduction of Making Tax Digital for income tax (MTD IT) from April 2026 brings with it completely new penalty regimes for late filing and late ...