HMRC has been urged to "clarify" its self-assessment guidelines to avoid penalising savers. Mike Warburton, the Telegraph expert, says savings income includes interest received from banks and ...

HMRC is urging thousands of parents to make sure they're not missing out on tax-free childcare worth up to £2,000 a year. Tax-free childcare is a scheme where you receive a cash top-up from the ...

HMRC has announced a 'significant' change to the tax system for certain people earning over £50,000. From next year, sole traders and landlords with qualifying income over £50,000 will be ...

HM Revenue & Customs (HMRC) is contacting individuals for the first time in years after reports from their banks or building societies. A worried saver relayed through a national newspaper that ...

HMRC is writing to people "for the first time in a decade" after their bank or building society reported them. Writing into a national newspaper, a panicked saver has shared how they face a HMRC ...

However, HM Revenue & Customs (HMRC) has recently unveiled it has expanded its strict eligibility for its Help to Save scheme. Originally due to end in April 2025, the popular initiative has also ...

In an effort to cut the UK’s ‘tax gap’ by targeting large firms and wealthy individuals, HM Revenue and Customs (HMRC) has boosted the cash rewards available to Brits who report fraudsters.

HMRC has urged parents to take action over the weekend as their children might be able to finally withdraw the savings account the government set up when they were born. Specifically, children ...

HM Revenue and Customs (HMRC) is reaching out to individuals "for the first time in a decade" following reports from banks and building societies. A concerned saver has penned a letter to a ...

At least a million low paid workers, many of them women in part-time jobs, will have a promised £70 pension payment delayed because of IT and admin problems, it has been revealed. The payments ...

HMRC were slammed for “poor customer service” as the Federation of Small Businesses said small business owners are racking up to 44 hours a week on tax admin. Small firms are set to stump up a ...

UK small businesses are facing an annual tax compliance burden nearing £25 billion, according to recent findings by the Federation of Small Businesses (FSB). This substantial figure encompasses ...