HMRC revealed earlier this month that over 11.5 million taxpayers beat the deadline to file their tax return for the 2023-2024 tax year by the end of January - even though thousands left ...
Taxpayers who failed to meet the January 31 self-assessment deadline could soon be hit by increasing penalties and interest. However, an interest rate adjustment from HMRC could provide some ...
“With HMRC overwhelmed by the number of people calling their helplines and filing tax returns, any move that alleviates this pressure has to be welcomed. “Changes to the tax system in recent ...
For taxpayers who are yet to file their tax return, HMRC applies a £100 fine if a return is up to three months late. After three months, you could face extra charges of £10 per day, up to a ...
For taxpayers who have yet to file their tax return, the penalties are already stacking up. HMRC applies a £100 fine if a return is up to three months late. For those who failed to file on time ...
HMRC will no longer ask hundreds of thousands of people with side hustles to file a tax return under new plans unveiled this week. The tax office will raise the reporting threshold for trading ...
HM Revenue & Customs (HMRC) is working to fix a glitch in communications between systems that has seen self-assessment tax rebates paid twice to some claimants. A communications glitch between ...
Pensioners and employees who have issues with their tax could be at risk of receiving a letter from HM Revenue and Customs (HMRC). The government department is in the process of issuing both tax ...
Yet, there's a silver lining for taxpayers who may have paid too much, as HMRC added: "If at the end of the year you have been overcharged tax you'll receive a refund.", reports the Express.
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