In September, HMRC began a crackdown on child benefit fraud which it believes could save £350m over the next five years.
A little known stealth tax is set to leave low income households £992 worse off – but there’s a way to avoid it.
Rajan Lakhani, personal finance expert and head of money with the group, said: "If you have a personal pension and are a higher-rate or additional-rate taxpayer, make sure you’r ...
Government’s tax department enters into new arrangement for provision of software tool that supports a range of services, and ...
IFS data shows that the number of income taxpayers would reach 42.1 million by 2030 - as more and more are thrust into a new ...
The scheme which is open to people aged 18-39 and has been backed by Martin Lewis - who has warned of the pitfalls ...
The higher rate for income tax currently applies when your income reaches £50,271, and you move into the additional rate when ...
In the 2024-2025 tax year, the average of all charges by HM Revenue and Customs (HMRC) was £789.75. The Lifetime ISA or LISA ...
The beauty of Xero is that it brings everything together in one place — you can manage your taxes, track expenses, make ...
New HMRC figures reveal savers who break cash withdrawal rules are being met with penalties over £13,500, as rising numbers ...
HMRC are aiming to recruit over 5,000 compliance officers over the next five years. This will undoubtedly lead to a large increase in all types of tax ...
Those reinvesting their tax-free cash from their pension risk falling foul of recycling rules and a hefty fine ...