HMRC tax returns scrapped for thousands under rule change from this week
A HMRC overhaul from the Labour Party government means the taxman is set to scrap tax returns for nearly 300,000.
11 ways to cut tax bill and keep more of your money before April rule changes
11 ways to slash your tax bill and protect your savings and pension before April have been revealed. Ways to maximise tax ...
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UK to increase income tax self-assessment reporting threshold
HMRC to launch new escalation service for agents handling Self-Assessment and PAYE queries more than four weeks old.
UK to Raise Income Tax Reporting Threshold to Help Side-Hustlers
The UK government will raise the reporting threshold at which people have to self-declare earnings for income tax, a move it ...
Six HMRC tax changes coming in April with millions of UK households warned
The Labour Party government is set to unveil its Spring Statement on March 26, with the government set to slash Department ...
Millions more dragged into higher tax band - check if you're one of them
Latest HMRC figures show there were 5.1 million people paying the higher 40% rate of tax in 2022/23 tax year - up by 680,000, ...
More baby boomers paying income tax than Gen-Z workers
More baby boomers are paying income tax than Gen-Z workers, in a significant shift since the pandemic. Over 5.4 million ...
New State Pension uprating next month could see more older people paying tax in retirement
Under the Triple Lock policy, the New and Basic State Pensions increase each year in-line with whichever is the highest ...
Nine ways to maximise tax allowances and 'keep more money in your pocket'
As the end of the tax year approaches, investment experts are urging Britons to review their finances to ensure they are maximising their allowances. Doing so can help reduce tax liability, boost ...
How to optimise an ISA and target a £2k monthly second income
Mark Hartley considers the potential benefits of various ISA products and outlines a strategy that could lead to a lucrative ...
Seven ways to maximise your allowances before the tax year ends
On 6 April we start a new tax year, which means you have about a month to make the most of 2024-25 allowances.