News

Those with £3,500 or more in savings are being warned they may face a surprise tax bill letter from HM Revenue and Customs in ...
From January, people who hold cryptocurrencies must provide four key pieces of personal information to ensure they are paying ...
HMRC has issued a major update on its crypto crackdown, with £300 fines set to be issued in months. From January 2026, anyone ...
Those who don’t comply risk a £300 fine from HMRC. Once data is received from service providers, HMRC will be able to ...
The crackdown is part of a larger drive by HMRC to tackle tax evasion. Chancellor Rachel Reeves announced in her Spring ...
With more UK households being pulled into higher tax brackets due to frozen thresholds, millions are missing out on ...
HMRC - the Labour Party government's tax arm - has issued 600,000 people who owe no tax with late-filing penalties.
The sum you can pocket before you owe tax, dubbed the Personal Allowance, has remained frozen at £12,570 for several years ...
HMRC is able to automatically detect interest on savings generated by your bank account and if you tilt 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 ...
"HMRC’s rent-a-room scheme allows higher personal tax allowance" was originally created and published by The Accountant, a ...
Money expert Martin Lewis says cutting Cash ISA limits is a 'mistake' and it 'won't achieve' what it sets out to ...