The CIOT’s Low Incomes Tax Reform Group (LITRG) has responded to HMRC’s call for evidence on voluntary National Insurance contributions (NICs).

Many people assume that a Self Assessment tax return is only required if tax is due. However, this is a common misunderstanding that can lead to unexpected penalties from HMRC. In this article, we look at when a tax return may be required and what to do if you have failed to report income ...

If you’ve recently received a notification from HMRC telling you to complete a Self Assessment tax return for the 2024/25 tax year, it may be due to the level of your savings income. We understand HMRC have used information they receive from banks and building societies to identify people who they ...

Criminals have become very good at copying HMRC’s branding, using official-sounding language and even including fake reference numbers, and it can be hard to know what’s real and what isn’t. It is important that you stay safe from scammers – but it is also important not to ignore genuine ...

Payments on account are advance payments towards next year’s tax bill. If this is the first time you need to make payments on account, they can be surprising – and a little confusing! In this article, we explain more about how payments on account work, and what you can do if you are worried about ...