HMRC warns of fines for late tax returns
HMRC urges self-assessment taxpayers to file by Jan 31 2026 or face initial £100 fines and escalating penalties. Learn the deadlines and how to avoid scams.
HMRC urges self-assessment taxpayers to file by Jan 31 2026 or face initial £100 fines and escalating penalties. Learn the deadlines and how to avoid scams.
A wife in California created a homemade Godzilla-themed rage room for her husband's 57th birthday, letting him smash a miniature Tokyo to relieve a year of stress. Discover this unique stress-relief story.
Expert reveals three crucial steps to save thousands before Labour's new salary sacrifice cap hits in April 2029. Act now to protect your pension and reduce taxable income.
UK households could receive huge payouts for reporting high-value tax fraud to HMRC. Learn how the Strengthened Reward Scheme works and if you qualify.
A parliamentary petition urges HMRC to double the personal tax allowance for state pensioners to £25,140. With 10,000 signatures, it seeks to protect pensioners from rising tax bills as thresholds remain frozen.
Labour's Treasury scraps the £6 weekly tax relief for home-working expenses from April 2026, sparking criticism from HR and finance experts. Find out what it means for you.
HMRC is increasing the effective Personal Allowance to over £13,000 for eligible taxpayers. Discover how to claim tax relief on job expenses, maintenance payments, and charitable donations.
HMRC is launching an aggressive new crackdown on historic tax avoidance from 2026, with new powers, a US-style whistleblower reward scheme, and a surge in criminal investigations. Experts warn of risks.
Bereaved families could be hit with six-figure bills due to deferred council tax payments on high-value homes. Learn about the new surcharge and its long-term impact.
HMRC is turning to artificial intelligence to tackle a £700m tax gap and improve compliance. The technology will identify risks faster but human caseworkers will make final decisions. Read the latest.
HMRC has issued clear guidance on tax refunds after a cheque was sent to an old address. Learn the steps to correct the error and the helpline number to call.
Chancellor Rachel Reeves announces a major inheritance tax rule change for farmers and business owners. From April, couples can transfer unused relief, shielding up to £2m from tax. Discover the impact and reaction.
HMRC has increased the IHT nil-rate band for business and farming assets to £2.5m per person from April 2026, offering relief to family-owned enterprises. Read the full details and expert reactions.
The government raises the IHT threshold for farmers to £2.5m, a policy U-turn experts warn inflates land prices and benefits wealthy investors over family farms. Read the full analysis.
Chancellor Rachel Reeves announces a major U-turn, raising the agricultural property relief threshold to £2.5m from April 2026. This change will protect family farms from hefty inheritance tax bills. Read the full details.
The Station pub in Kings Heath is holding a special event on December 27 to raise funds for Jamaica after Hurricane Melissa, the most powerful storm in modern history, devastated the island.
Business owners are urged to start preparing now for a sale to beat a Capital Gains Tax increase in April 2026. Delays could cost tens of thousands. Expert advice inside.
HMRC introduces stricter late-filing penalties and higher interest rates for the January 2026 tax deadline. Learn how to avoid costly fines and ensure your tax return is filed on time.
Chancellor Rachel Reeves extends tax threshold freeze to 2031, dragging more pensioners into tax. Experts warn of unfairness and hardship for those on low incomes. Read the full analysis.
Thousands of retirees relying on state pension top-ups are being sent tax demands of around £800, falling outside Labour's new exemption. Discover the impact of frozen thresholds.
A key HMRC rule means anyone can increase their Personal Allowance by £1,000 through side hustles. Learn how to earn tax-free and use other savings allowances.
HMRC announces lower interest rates for late tax payments and repayments following the Bank of England base rate cut. New rates take effect from 29 December 2025. Find out how this affects you.
HMRC has issued a warning to pensioners on PAYE, stating they 'can expect' official notices by March 2026 regarding pension tax relief claims. The tax authority confirmed lengthy processing times.
The Senedd has unanimously approved a £116m transitional relief scheme to phase in tax increases for 25,000 Welsh businesses after the 2026 revaluation. Learn how this support will work.
A frozen HMRC trading allowance is eroding the tax-free earnings of UK side hustlers on Vinted, eBay & Airbnb. See how inflation impacts your income.
The Autumn Budget's extended income tax threshold freeze until 2031 is a 'stealth tax' costing workers up to £4,420. Discover the generational split and financial impact.
HMRC will stop sending standard letters from April 2026, switching to digital communications. Millions must ensure contact details are correct to avoid missing vital updates.
A public petition urges the Labour government and HMRC to raise the personal allowance from £12,570 to £20,000, offering families potential savings of nearly £3,000. Over 28,000 have signed.
UK drivers of electric and plug-in hybrid cars will face a new pay-per-mile tax from April 2028. Find out the rates and how it could affect your motoring costs.
HMRC is issuing revised tax codes midway through the 2025/26 tax year, impacting savers. Check your code now to avoid over or underpaying tax on your savings interest.