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.

If you live in England, Wales or Northern Ireland and you expect your income in the 2025/26 tax year to be more than £35,000, you have until 15 September 2025 to opt out of receiving this year’s winter fuel payment.

The dividend allowance has reduced significantly in recent times, and from 6 April 2024 is only £500. Anyone who receives dividends of more than £500 in a tax year will now have to pay tax on that income, unless their total income falls below the normal tax free personal allowance.But are HMRC ...