News

A grieving family has been hit with a £176,000 inheritance tax bill after their deceased relative fell foul of “gift” ...
Rachel Reeves is facing calls to tighten rules around charity donations due to concerns millions in cash given to good causes ...
The revenue body is encouraging people to file early so they know what tax they owe sooner and can plan for any payments in ...
Can charitable giving be a means to avoid tax? Whenever a story of some very rich person making a large donation is in the ...
HMRC said there were 57,815 “early filers” on the first day of the new tax year, which was a Sunday, compared with 67,870 ...
Shake-up slaps UK households with additional fines if people fail to file their self-assessment tax return on time.
Since pension freedoms launched in 2015, over-55s have been able to dip into their pension pots whenever they like — but many have ended up paying too much tax because HMRC assumes they’ll be ...
Experts have issued a warning to any self-employed workers, claiming they could run up a fine of as much as £900 if they ...
As reported by the Daily Record, HM Revenue and Customs (HMRC) has introduced a new £10 ... “There are a number of details - such as gift aid payments, and necessary work expenses - that ...
It does not necessarily reflect the view of The Herald. HMRC is urging working families sending their child to school or nursery for the first time in September to sign up for a scheme that gives ...
An important change to a major HMRC penalty is coming into force from tomorrow, May 1. After this date, anyone who missed the tax returns self-assessment deadline will start to receive fines every ...
to enable UNICEF UK to fulfil the Gift Aid requirements set out by HMRC. This information will then be passed securely to UNICEF UK to process in accordance with their privacy policy which can be ...