The UK government proposed a slew of measures to boost the tax authority’s power to collect taxes and clamp down on tax evasion.
Three individuals and companies in the North East have been named and shamed by HMRC for more than £800,000 worth of unpaid tax between them.
Crackdown targeting 'legal professionals' announcded today will also base fines for errant advisers on 'the potential loss of ...
Despite a lean statement with no ‘further tax rises,’ umbrella and limited company workers aren’t off the hook, due to a ‘soon-to-be reinvigorated HMRC.’ ...
The Spring Statement measures include an increase in the rates at which late payment penalties are charged from 2 per cent to 3 per cent for taxpayers in the government’s Making Tax Digital (MTD) ...
Child Benefit payments will increase for millions of families from next month. HMRC has confirmed that families with one child will now receive the new amount of £26.05 per week, up from £25.60 each ...
In the lead-up to her first Spring Statement, Chancellor of the Exchequer Rachel Reeves had been at pains to distinguish this ...
About 1.1 million people missed the deadline to file their self-assessment tax return in 2024, according to HMRC.
Budget 2025, the government confirmed that the income threshold for Making Tax Digital for Income Tax (MTD for IT) will be lowered to ...
The government has responded to a petition to raise the HMRC income tax personal allowance threshold from £12,570 to £20,000 ...
Today’s Spring statement did much to add cost and regulation to employers, and not enough to support growth and skills, ...
Spring statement documents said the Government is ‘looking at options for reforms’ to Isas ‘that get the balance right between cash ...
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