Anyone who has to file a tax return via HMRC due to earnings from self-employment has been informed of incoming changes that could affect the way they pay. The department has confirmed that it ...

HMRC will initially review all self assessment tax returns filed for the 2024/25 tax year to identify those who need to follow the MTD rules from April 2026. Therefore, assuming you file your 2024 ...

HMRC has announced that sole traders and landlords ... sole traders and landlords can save hours previously spent gathering information at tax return time – allowing them to spend more time ...

"That means landlords and sole traders will need to adjust how they manage their finances throughout the year, not just at tax return time." Why is this happening? According to HMRC, the change is ...

including the number who need to file tax returns and pay bills. But the resources handed to HMRC to deal with the growing number of taxpayers has failed to keep up.” An HMRC spokesman said ...

A warning has been issued to anyone working from home over tax refund claims. HMRC is urging people to double-check their entitlement before claiming tax relief, in case they end up with demands ...

The UK tax authority Tuesday encouraged taxpayers to take part in the testing phase of its digital tax returns regime before it becomes mandatory next year.

If you've got £3,500 or more stashed away in savings, you could be hit with an unexpected tax bill from His Majesty's Revenue and Customs (HMRC). The Personal Savings Allowance allows you to earn ...

The Personal Allowance is the amount you can earn - whether from work, pensions or renting property - before you have to pay tax to HMRC. It’s been set at £12,570 since 2021 and will remain ...

Individuals with savings of £3,500 or more are being warned that they could receive an unexpected tax bill from His Majesty's Revenue and Customs (HMRC ... These include returns from savings ...

Individuals with savings of £3,500 or more are being warned that they could receive an unexpected tax bill from His Majesty's Revenue and Customs (HMRC). HMRC has the capability ... These include ...