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.
The government is taking steps to reform HMRC’s bulk data gathering powers and safeguards. The draft Finance Bill legislation focuses on improvements to the reporting of financial account information and card sales data. The aim of the reforms is to ensure HMRC receive the right data, of the right ...
The government is introducing a requirement for tax advisers who interact with HMRC on behalf of clients to register with HMRC and meet minimum standards from 1 April 2026. LITRG has commented on the draft legislation, focusing on points of relevance to low-income unrepresented taxpayers who may be ...