150,000 businesses owe HMRC £2.7 billion in deferred VAT payments

HM Revenue and Customs (HMRC) reported that 150,000 UK businesses have not yet made arrangements to pay back deferred VAT payments, and therefore owe the department £2.7 billion.  

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Five reasons to set up a Personal Tax Account

Taxpayers are being urged to set up personal accounts to monitor their affairs.

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The most common Self Assessment errors, according to HMRC

With less than two months to go until the 31 January Self Assessment deadline, HM Revenue & Customs (HMRC) is calling on taxpayers to get their annual return right the first time around.

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COVID-19: Payment holidays on credit cards, car finance and personal loans extended

Payment holidays on credit cards, car finance, personal loans and pawned goods have been extended following the Government’s announcement of a second lockdown from Thursday 5 November.

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Premium Bond holders express concern with new paper-free system

Some Premium Bond holders have expressed their concern with the new paper-free system after National Savings and Investments (NS&I) announced that it would stop paying winnings by cheque from March 2021.

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