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A record number of self assessment tax returns were filed in the first week of the new tax year, according to HM Revenue and Customs (HMRC). People filling out self-assessment forms can submit their ...
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LancsLive on MSNHMRC changes to income tax as new penalty to be introducedThe taxman will start charging in addition to the initial £100 fine for missing the January 31 Self Assessment deadline ...
A tax return tells HMRC about income you have received, along with other information about your circumstances, to determine how much tax you owe each tax year. A tax year starts on April 6 and ...
The deadline for submitting a tax return to His Majesty's Revenue and Customs is rapidly approaching, and millions of people have yet to complete theirs. With just two weeks to go before all self ...
Income tax rises for Scots in April - how the changes affect you HM Revenue and Customs (HMRC has announced that a record breaking 299,419 Self Assessment tax returns were filed in the first week ...
Millions of people in the UK have yet to file their tax returns and if they don't, they could face a penalty. HM Revenue and Customs (HMRC) has warned that 5.4 million taxpayers still need to ...
HMRC estimated earlier this week that 3.4 million people still had to file their tax return or face an initial £100 penalty. Some 8.6 million people had already filed their 2023-24 tax return.
With millions due to complete their self-assessment tax return and settle any outstanding tax by 31 January 2025, HMRC has reported a significant increase in scam reports over the past year.
An urgent call to action has been issued for some 3.4 million people who have just over a week to submit their tax returns or else they might face penalties. HM Revenue and Customs (HMRC ...
says HMRC should do more to ensure taxpayers who do not have to complete a self-assessment tax return are made aware of this. She says: ‘Frozen allowances and thresholds mean that more people ...
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