HMRC, the Labour Party government's tax arm, has issued a warning about collecting tax refunds after a query from a customer.

Over-70s paid £19.1bn in income tax, compared with £18.3bn by under-30s, as Britain becomes increasingly reliant on its ...

More retired baby boomers are paying income tax than Gen Z workers in a dramatic reversal of the pre-lockdown trend, official ...

Latest HMRC data also shows retired baby boomers paying greater amount in income tax than working people under 30 ...

The number of higher-rate taxpayers has exceeded five million for the first time, with millions more people paying more tax ...

Standard Life has warned there was a surge in savers withdrawing more than the recommended maximum of 4% a year from their ...

The latest figures from HMRC show there were 5.1 million people paying the higher 40% rate of tax in 2022/23 tax year - up by ...

A new report from the CIPP (Chartered Institute of Payroll Professionals) has revealed that payroll teams are struggling with ...

HMRC’s figures, which are the most up to date, recognise that so-called “fiscal drag” is behind the latest surge in ...

Five years earlier, there were 4.2 million people paying the higher rate. You start to pay the higher rate of 40% tax on ...

HM Revenue & Customs recently published figures that show it generated £1.8bn more than expected from private sector roll-out of IR35 reforms, but those figures are being called into question.

Hundreds of thousands of savers could be hit with a surprise tax bill this spring as HMRC sends out P800 letters, which let ...