Couples celebrate Valentine’s Day with £250 tax break

HM Revenue & Customs (HMRC) is urging civil partners and spouses to celebrate Valentine’s Day by claiming the Marriage Allowance.

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HMRC: Record 11 million file Self-Assessment tax return before 31 January deadline

According to the latest data from HM Revenue & Customs (HMRC), a record 11.1 million taxpayers filed their tax returns before the deadline on 31 January.

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National Insurance Contributions threshold to rise from April 2020

The National Insurance Contributions (NICs) threshold will increase to £9,500 per year from April 2020, the Government has confirmed.

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3,000 taxpayers file Self Assessment on Christmas day

More than 3,000 Self Assessment returns were filed on Christmas day, HM Revenue & Customs (HMRC) has revealed.

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IR35: HMRC launches updated CEST service

HM Revenue & Customs (HMRC) has launched an updated Check for Employment Status for Tax (CEST) service ahead of the introduction of the IR35 off-payroll working rules for the private sector on 6 April 2020.

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IR35: HMRC loses £243,000 tax case

HM Revenue & Customs (HMRC) has lost a case against an IT Consultant that the tax body deemed liable for £243,000 in tax under the IR35 rules.

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Nine in 10 off-payroll workers incorrectly paying tax, says HMRC

HM Revenue & Customs (HMRC) has published new guidance on changes to off-payroll working rules coming into effect in the private sector next year.

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IR35: BBC Presenter loses appeal over £400,000 tax bill

Television presenter Christa Ackroyd has lost an appeal at the Upper Tribunal over her tax status at the BBC.

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Time to think about tax returns, says HMRC

Is it that time of the year already? Today, HM Revenue & Customs (HMRC) has reminded taxpayers that they have just 100 days to go until the 31 January tax return deadline.

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HMRC issues second Brexit bulletin for employers

HM Revenue & Customs (HMRC) has issued its second Brexit bulletin for UK employers, issuing guidance relating social security for employees working in the European Union (EU), European Economic Area (EEA) and Switzerland.

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Increasing number of pension savers hit by tax charges

An increasing number of people saving for retirement have been hit by tax charges for exceeding the amount they are allowed to put away tax-free.

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Number of non-doms in the UK has fallen to a record low

According to figures published by HM Revenue and Customs (HMRC), the number of people who live in the UK but pay no tax on their offshore income has fallen to a record low.

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Could the IHT seven-year rule on gifts be cut to five?

At present, when someone dies within seven years of passing on money, property or possessions to loved ones, tax of up to 40 per cent must be paid.

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Could the IHT seven-year rule on gifts but cut to five?

At present, when someone dies within seven years of passing on money, property or possessions to loved ones, tax of up to 40 per cent must be paid.

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HMRC issue incorrect CGT allowance to thousands of taxpayers

HM Revenue and Customs (HMRC) has recently issued nearly 350,000 incorrect short tax returns, indicating an error in taxpayers’ capital gains allowance.

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