If you drive for Uber, Bolt or other ride-hailing platforms, you may have seen increasing discussion about registering for VAT. Before you do anything, read our FAQs.
In the next step along the ‘Making Tax Digital’ path, HMRC are considering what Making Tax Digital for Corporation Tax should look like in their consultation document published in November 2020
On this page, we discuss what reporting obligations you have where you make a disposal on which capital gains tax (CGT) is chargeable. In some cases, you may be required to report the disposal to HMRC (and potentially pay the tax) within 60 days.
The tax credits system closed on 5 April 2025, so no tax credit awards continue after that date. Most people will have been invited to claim either universal credit or pension credit. However, you may still need to contact HMRC to discuss your 2024/25 tax credits award, ongoing appeals and debt ...
This week is the first ever Tax Awareness Week from the Chartered Institute of Taxation and Association of Taxation Technicians. To mark this, we are sharing a summary of the resources available on the LITRG website that can help people understand their tax obligations.
On this page, we explain briefly the main ways tax is collected on income in the UK. We also discuss when and how you notify HMRC if you have tax to pay. For more information on how UK capital gains tax is collected, see our page Capital gains tax. For more information on how foreign income is ...