HM Revenue and Customs (HMRC) has issued £1.8 million in refunds after reviewing cases where families were hit with penalties for failing to register for a charge relating to their child benefits.
HM Revenue and Customs (HMRC) has recently withdrawn an appeal in a key court case over a 55 per cent charge it wanted to levy.
According to new research conducted by the National Centre for Social Research (NatCen) and the Institute for Fiscal Studies (IFS), only one in four people who make financial gifts are aware of the inheritance tax (IHT) risks.
According to the latest research from the Post Office, just under half (46 per cent) of workers have never checked their personal tax accounts.
The Colombian singer, Shakira whose estimated wealth is £176 million, is being investigated on suspicion of committing six separate counts of tax fraud against the Spanish Treasury totalling more than £12.5 million (€14.5 million).
Self-employed taxpayers may be failing to claim on average £1,687 in tax-deductible expenses, a new report has revealed.
HM Revenue and Customs (HMRC) have issued a reminder that taxpayers have less than a month left to complete and submit their Self-Assessment tax returns.
The majority of Britons will pay less income tax from April 2019 following important changes announced in this week’s Autumn Budget.
HM Revenue & Customs (HMRC) has reminded taxpayers that they can carry forward any unused annual allowance if their pension savings exceed this year’s allowance.
The Association of Accounting Technicians (AAT) has called on the Government to rethink its proposals to reform Rent a Room tax relief, amid concerns that the changes would result in “unnecessary complexity.”