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 ...
Those who don’t comply risk a £300 fine from HMRC. Once data is received from service providers, HMRC will be able to ...
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 ...
With more UK households being pulled into higher tax brackets due to frozen thresholds, millions are missing out on ...
From January, people who hold cryptocurrencies must provide four key pieces of personal information to ensure they are paying ...
With the new tax year 2025-26 having started, the taxman has been busy sending out letters to people urging them to register ...
The new rules apply to individuals, businesses and trustees in the UK who hold the assets, and the providers of exchange and ...
The sum you can pocket before you owe tax, dubbed the Personal Allowance, has remained frozen at £12,570 for several years ...
HMRC - the Labour Party government's tax arm - has issued 600,000 people who owe no tax with late-filing penalties.
Tribunals currently seem to be dealing with more than their fair share of cases resulting from tax avoidance schemes, ...
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 ...