News

QUESTION: I usually complete a tax return each year to repay part of the child benefit I’ve received, and I’ve heard there have been some recent changes. Do I still need to ...
If death occurs before reaching state pension age, a surviving spouse or civil partner who hasn't yet reached pension age may ...
PENKETH Parish Council has been ordered to pay a former clerk more than £840 following an ‘unlawful’ deduction of wages and ‘breach ...
Thousands of people with savings accounts are set to be hit with a shock tax bill from HMRC following the end of the tax year. His Majesty’s Revenue and Customs normally sends out P800 letters ...
If you've got £3,500 or more stashed away in savings, you could be hit with an unexpected tax bill from His Majesty's Revenue and Customs (HMRC). The Personal Savings Allowance allows you to earn ...
It may look like a secret code, but the formula is pretty simple (and explained below). The most common HMRC tax code is 1257L, which is based on the Personal Tax Allowance of £12,570 - this is the ...
Paying tax is inevitable for most people but it is often something many would prefer to not have to do. But while reducing what you pay might sound good it might not work out that way. HMRC is ...
HM Revenue and Customs is changing the rules on who needs to file a self-assessment tax return, making it easier to run a side hustle from home and make extra money. HMRC is increasing the ...