HMRC has confirmed that the interest rate adjustment for the more than 1.1 million late filers, due to the Bank of England's ...

Millions of taxpayers could be hit with fines up to £900, as they pay "double the interest" on their late payment fee's to HMRC. The warning comes as an estimated 1.1million Britons missed the self ...

HM Revenue & Customs pocketed more than £409m in interest charges alone last year, figures show. The amount the taxman raked ...

The number of people who missed the January 31 deadline for self-assessment tax returns is at a five-year high ...

The interest rate reduction from HMRC came in line with the Bank of England's decision to decrease the base rate from 4.75% ...

HM Revenue and Customs' and the Valuation Office Agency's response to the Adjudicator's Office annual report published in September 2024. The ...

The 31st of January 2025 marked the final day to submit your 2023/24 self-assessment tax return electronically before a £100 ...

People who are on the line for overdue taxes may be able to organise a Time To Pay arrangements, which will give them some breathing room while paying down their bill. Now, certain taxpayers can even ...

Time to Pay arrangements aim to clear all of your debts with HMRC, including the interest and penalties you owe on overdue ...

HMRC interest rates for late payments will be revised following the Bank of England interest rate cut to 4.5%, it says.

From February 17, the interest rate on late payments for taxpayers with outstanding tax debts with HMRC will drop from 7.25% ...

According to official estimates, 1.1 million people missed this year's self-assessment deadline on January 31.