The big freeze – effects of the personal allowance steady state
The personal allowance has been frozen at its current amount of £12,570 since the tax year 2021/22. We take a look at what this policy means for those with lower incomes.
The personal allowance has been frozen at its current amount of £12,570 since the tax year 2021/22. We take a look at what this policy means for those with lower incomes.
LITRG has responded to HMRC’s consultation on improving their approach to dispute resolution.
LITRG has responded to HMRC’s consultation on behavioural penalties reform.
The Low Incomes Tax Reform Group (LITRG) has urged taxpayers to check their online tax account after scammers attempted to defraud HMRC using individuals’ data and login details. The group is also reminding people of the importance of being vigilant and taking care of personal data.
News outlets have been reporting that scammers have stolen £47 million from HMRC, by using the online tax accounts of individual taxpayers. HMRC have now secured the affected accounts. They have also confirmed that individual taxpayers have not lost any money. HMRC will be writing to everyone ...
The threshold for when you need to start repaying your student loan can change every April (at the start of the tax year). If you are employed and making loan repayments through the tax system, then you should check your payslip to make sure the correct repayment has been deducted.