News

The crackdown is part of a larger drive by HMRC to tackle tax evasion. Chancellor Rachel Reeves announced in her Spring ...
HMRC has issued a major update on its crypto crackdown, with £300 fines set to be issued in months. From January 2026, anyone ...
From January, people who hold cryptocurrencies must provide four key pieces of personal information to ensure they are paying ...
The new rules apply to individuals, businesses and trustees in the UK who hold the assets, and the providers of exchange and ...
With the new tax year 2025-26 having started, the taxman has been busy sending out letters to people urging them to register ...
HM Revenue and Customs says owners of crypto currency who aren’t paying their fair share of tax risk a £300 fine.
Those who don’t comply risk a £300 fine from HMRC. Once data is received from service providers, HMRC will be able to ...
With more UK households being pulled into higher tax brackets due to frozen thresholds, millions are missing out on ...
HM Revenue and Customs (HMRC) is sending out letters to people who have earned more than £500 in interest in their savings ...
The taxman is able to automatically detect interest on savings generated by your bank account and if you tip over a certain ...
However, if you earned under £18,570 in a year, you may be able to increase your tax-free allowance to that amount using HMRC ...