You can use your payslips to check that your pay is correct. But there are also many other reasons to look after your payslips. By ‘look after’, we mean make sure you are receiving them and can access them, that you check them carefully and that you keep them somewhere safe! ...
The Scottish Parliament has approved the rates and thresholds for Scottish income tax that will apply to the non-savings and non-dividend income of Scottish taxpayers during the tax year 2023/24. ...
For some people affected by the loan charge, the law says that a further tax charge is due as well as the loan charge itself. HMRC have recently explained that in certain circumstances they won’t seek to collect this further tax charge. However, you may still receive correspondence from HMRC about i...
HMRC issue some tax refunds automatically. However, in other cases, you need to actively claim tax refunds. For example, those for the marriage allowance, those for job-related expenses that you paid for yourself, and those where too much tax was withheld at source on payment protection insurance (P...
Have you recently started your first job, changed jobs or taken on an additional job? HMRC are looking for volunteers to fill in their survey so they can understand more about workers in these groups, any specific tax issues they face and any experiences they have had in contacting HMRC. ...
If you do not pay your 2021/22 Self Assessment tax bill before 3 March 2023, or agree a Time to Pay arrangement with HMRC before that date, then in most cases HMRC will charge a penalty equal to 5% of the outstanding amount. ...