Some self-employed taxpayers have been affected by an issue where their 2024/25 tax calculations wrongly included class 2 National Insurance. HMRC have now provided an update.
The government have launched a new voluntary repayment scheme for those who need to pay back Covid scheme money that they weren’t entitled to receive. The scheme will run until December this year.
The Low Incomes Tax Reform Group (LITRG) is urging people to check their National Insurance record to see if they can boost their state pension entitlement before 5 April 2025.
If you have gaps in your National Insurance record, it can make a big difference to the amount of state pension you receive – whether you are already claiming it, or it’s still a long way in the future. For a limited time, certain people are able to pay voluntary contributions to fill gaps in their ...
The 2023/24 self assessment online tax return deadline is 31st January 2025. If you have a tax return to complete online, but have not yet got started then it’s time to take action. In this article we share some hints and tips if you are feeling stuck and explain where you might find last minute ...
The Low Incomes Tax Reform Group (LITRG) has welcomed a decision by HMRC that will make it easier for taxpayers to file a paper tax return.