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HMRC
Kermode: “UK tax system has become more unfriendly to self-employed”
The founder of independent and temp worker advocacy group IWORK, says the UK tax system has become "unfriendly to self-employed workers... clearly looking to push people into employment." The FI asks Kermode, what she believes government…
Self-assessment late penalty charges set to soar
Self-assessment taxpayers who fail to pay by 31 July could face interest charges as high as 7.5%
Self-assessment taxpayers should do their best to pay their self-assessment charges for payment on account by 31 July to avoid getting hit…
How to protect yourself from the stealth tax raid
HMRC data: stealth tax raid doubles the number of people paying highest rate of tax. We share expert tips on how to save tax
This tax year there will be 4.2 million more people paying income tax than in 2020/21 (35.9 million)
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ICAEW Tax Faculty calls for safeguards for directors of tax avoidance schemes
ICAEW's Tax Faculty is proposing safeguards for directors of alleged tax avoidance schemes in response to HMRC’s latest proposals that would allow a criminal offence to be applied where promoters fail to comply with a stop notice and…
How to contact HMRC this summer even though the self-assessment helpline is closed
HMRC’s resourcing problems are catching up with them. The tax authority has announced that the self-assessment helpline will be closed until September. What do you do if you have a serious question?
Don't have a tax agent or accountant?…
Scammers targeting tax credit customers: here’s how to protect yourself
HMRC issues scam warning to tax credits customers and a reminder that scammers use deadlines
HMRC has issued a warning to tax credits customers, who are renewing their tax credits claims, to be alert to scammers trying to steal their…
HMRC launches new service for import businesses
Hundreds of thousands of UK traders could benefit from new service to make importing easier
Any solo self-employed traders that import goods from food to antiques could have more certainty in valuing duties and VAT with HMRC's launch…
New UK tax and pension allowances are kicking in
10 new rules are kicking in this week, some are welcome, some not. Two experts from Hargreaves Lansdown, highlight what each change could mean to you and how to protect your money from the "clutches of the taxman"
"It’s going to…
Conservatives’ new anti-social behaviour fines are better money grabs than IR35 and the loan…
OPINION
Fines for anti-social behaviour are going up following Rishi Sunak's new crackdown. Money grabs like these arguably make more sense than others like IR35 and the loan charge since they protect society and boost the Treasury's…
Eight steps to cut your tax bill if you’re a new additional rate taxpayer
This April you could be one of the additional rate taxpayers. In the past, you might have thought you'd be celebrating that development but not necessarily when you find out how much worse off you could be. Sarah Coles of Hargreaves…