If you miss the self assessment tax return deadline, HMRC will automatically send you a 'late filing penalty’ notice. Penalties start to increase the longer the tax return is outstanding. If you didn’t get your 2022/23 tax return submitted by 31 January 2024 and still have not sent it in, you ...
The Low Incomes Tax Reform Group (LITRG) has launched its newly re-designed website, which will continue to provide a valuable resource for taxpayers, journalists and others who need help and information on the UK tax system.
HMRC have identified a new VAT email scam which encourages people to scan a QR code.
The Low Incomes Tax Reform Group (LITRG) is warning that an HMRC error could mean that some low-income, self-employed workers lose out on their entitlement to National Insurance-related benefits like the state pension unless they take action.
Many graduates make student loan repayments through the Pay As You Earn (PAYE) system, if they are employed and earn over their relevant loan plan threshold. Usually, the loan repayment thresholds change at the beginning of each tax year. Check your April payslip to make sure your repayment is ...
HMRC’s revamped app provides a convenient and user-friendly way to access your details and help you manage your taxes. In this article, we explore the app and list some of the useful things that you can do in it - including several that may offer you important information about your finances and ...