HMRC change mean some drivers need to pay £7,000 more in tax each year
From 6 April double cab pick-ups have been seen as 'cars' by HMRC with drivers now expected to pay 37% BIK rates compared to £792 'van' fixed rate.
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27 hours ago
3 days ago
HMRC rule change set to catch-out landlords: Thousands will soon need to report income and expenses every three months
Landlords are being urged to prepare for a major overhaul in how they report their income to HMRC.
HMRC is a 'lumbering dinosaur' say MPs who call on tax office to start using AI
MPs are urging HMRC to start using AI to improve its productivity and 'out of date' services as the cost of collecting taxes soared by half a billion.
8 days ago
How to claim pension tax relief: Are YOU missing out on an HMRC refund?
Plenty of eligible higher and additional rate taxpayers fail to claim the pension tax relief they are due. Here's our guide to getting a refund...
17 days ago
Billionaire property developer Christian Candy wins £2m stamp duty refund from HMRC after court battle with taxman over £68m Georgian mansion
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a story from The Daily Mail › The Daily Mail
Christian Candy, 50, purchased the stunning mansion with views of the Thames with his brother Nick, 52, before beginning renovations and paying stamp duty on the house.
18 days ago
Award-winning farmer who starred on BBC Countryfile is jailed after conning HMRC out of £1.8million in VAT fraud
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a story from The Daily Mail › The Daily Mail
Jack Stilwell, 34, from Hampshire - who was once crowned Young Farmer of the Year - tried to rip off the government by submitting fraudulent VAT claims.
22 days ago
Digested week: It’s 35 years since the ‘tax man’ conceded married women were independent beings
Let’s celebrate the feminist wins and thank goodness dire wolves are back, since DNA is simpler to understand than tariffs
Ideally, for diary purposes, it would be today, but we cannot allow simple ch…
26 days ago
A single London constituency pays more income tax than the WHOLE of Northern Ireland... so how much does your local area give to HMRC?
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a story from The Daily Mail › The Daily Mail
The research showed how 67,000 taxpayers in Kensington & Bayswater paid £4.2billion in income tax in 2022-23.
30 days ago
HMRC collected a quarter of a BILLION pounds from taxpayers in late penalties in just two years
HMRC collected £251m from self-assessment taxpayers in late penalties between 2021 and 2023, according to an FOI request by NFU Mutual.
35 days ago
Millions face paying back some of their state pension to HMRC in a stealth tax raid. Here, our money experts explain what you need to know... and what do to about it
A bizarre tax cliff edge will mean those who receive the full state pension will be taxed on that income - and low-income pensioners will be dragged into the tax system for the first time.