LITRG: Give state pension its own PAYE scheme
The Low Incomes Tax Reform Group (LITRG) has called on the Treasury to make it easier for state pensioners to pay any tax they owe.
The Low Incomes Tax Reform Group (LITRG) has called on the Treasury to make it easier for state pensioners to pay any tax they owe.
We have updated our guidance on the high income child benefit charge (HICBC) to explain HMRC’s new provisions for paying the charge via pay as you earn (PAYE). This might mean that you no longer need to file a tax return.
HM Revenue & Customs (HMRC) have restarted their ‘Direct Recovery of Debts’ (DRD) process, which enables the collection of unpaid tax directly from bank accounts in certain circumstances.
In advance of the 2025 Autumn Budget, LITRG have made a submission to HM Treasury recommending the operation of Pay As You Earn (PAYE) on the state pension.
HM Revenue & Customs (HMRC) charge interest on late paid tax and late paid penalties. This is to compensate HMRC for the delay in payment and recognises that you have had the use of the money in the period following the due date. In very limited circumstances, HMRC might reduce or even remove ...
If you live in Scotland and you expect your income in the 2025/26 tax year to be more than £35,000, you have until 10 October 2025 to opt out of receiving this year’s pension age winter heating payment.