Treasury minister James Murray provided a response. He said: "The Personal Allowance - the amount an individual can earn ...

HMRC has announced that sole traders and landlords with an income over £50,000 will be required to use Making Tax Digital ...

The new tax year began on April 6 and will run until April 5, 2026 and in the lead-up, HMRC sent out emails to taxpayers to ...

More UK taxpayers are being pushed into higher tax brackets due to frozen thresholds, however analysts are highlighting a ...

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

Sole traders and landlords will have to start reporting their earnings digitally on a quarterly basis to HMRC from April 2026 ...

Finance gurus have raised the alarm, calling out what’s been dubbed a 'stealth tax raid' set to cost pensioners almost £3,000 ...

The BR, D0, and D1 codes indicate that all income is taxed at basic, higher, or additional rates, respectively. The K code ...

OBR warns 8.3 million people will pay more tax by 2029-30 due to frozen thresholds, as fiscal drag quietly raises the UK’s ...

For most people, income tax makes up the largest portion of the taxes they will pay over their lifetimes. It is also the UK Government's biggest tax source of revenue, accounting for 25 per cent ...

As announced at Autumn Budget 2024, the government will introduce legislation in Finance Bill 2024-25 to retain the 0% band ...

The launch on April 6, 2026 will mark a significant and time-saving change for certain people in how to report income to HMRC ...