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NEWS: Accessing your pension – tax issues to consider. Image of a money Jar full of coins, label on the jar says "pension"
Published on 15 February 2023

Accessing your pension – tax issues to consider

Research suggests that the number of people accessing their private pensions has gone up, and that the amounts taken out of pensions are increasing. This may be for various reasons – for example, due to taking early retirement or to supplement living costs because of high rates of inflation. Here we...

NEWS: Do you have a tax debt? Read our guide to late payment interest. image of a box of tax documents with a clock
Published on 15 February 2023

Do you have a tax debt? Read our guide to late payment interest

HMRC interest rates are linked to the Bank of England base rate. Over the last year, the interest rate for late payment of tax has more than doubled and, at the time of writing, is at 6% per year – the highest it has been since December 2008. If you have a tax debt, late payment interest may now be ...

News: Reducing your working hours? Check your National Insurance record - image of a woman looking at her national insurance record online
Published on 14 February 2023

Reducing your working hours? Check your National Insurance record

At some point in your working life, you might decide to reduce your working hours. If your income from work falls below certain limits, this might mean you lose out on qualifying years for National Insurance. This article highlights some things to think about. ...

NEWS: Where to get help with tax if you do not speak English. Image of a hand writing hello in different languages around a hand-drawn globe.
Published on 10 February 2023

Where to get help with tax if you do not speak English

For a long time, LITRG have been concerned about the problems that migrant workers to the UK might face in understanding and navigating the UK tax system. To help address this we have made a set of videos, translated into 12 different languages, to help migrant workers understand where to get tax he...

NEWS: HMRC's performance - have your say. image of a woman with her hand raised, ready to speak
Published on 6 February 2023

HMRC’s performance – have your say

Every year, HM Revenue & Customs (HMRC) publish their Charter annual report. These reports set out HMRC’s performance against the HMRC Charter. This is your chance to complete a survey and tell us what you think and input into our feedback on the report. ...

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