FTAdviser3d
Nearly 300k people will not need to file tax return amid HMRC changes
The income self tax assessment reporting threshold for trading income is set to increase from £1,000 to £3,000 gross by 2029.
HMRC to use voice recognition in bid to reduce call waiting times
The trial is expected to be rolled out across HMRC over the rest of the year, and the tax office is also looking at ...
HMRC could send nasty letter to people with £3,500 or more in savings
According to guidance from HMRC, UK households who sit in the 'basic rate' of Income Tax band can earn up to £1000 on their ...
MoneyWeek on MSN4d
Side hustle tax changes: HMRC reforms could save thousands from filing self-assessment tax returns
The government plans to raise the reporting threshold for trading income – here is how it could help your side hustle ...
Major UK recruiters linked to tax avoidance schemes after workers hit with crippling HMRC demands
Some people have been driven to the brink of bankruptcy by large unexpected tax bills. It's also been linked to 10 suicides.
HMRC demand letters for people with over £3,500 in savings account
HMRC is able to automatically detect interest on savings generated by your bank account and if you tip over a certain ...
Millions of Brits now paying more tax than year ago - see if you're one of them
The latest figures from HMRC show there were 5.1 million people paying the higher 40% rate of tax in 2022/23 tax year - up by ...
Computer Weekly3d
IR35 reforms: HMRC’s assessment of private sector impacts called into question
HM Revenue & Customs recently published figures that show it generated £1.8bn more than expected from private sector roll-out ...
Drivers told 'explore options' as three DVLA and HMRC changes come in
The DVLA and HMRC have introduced a series of updates that drivers must be aware of to avoid unnecessary fines or increased ...
HMRC crackdown: do you owe tax on Vinted or eBay income?
Online marketplaces such as Vinted, eBay and Depop are popular platforms to make some extra cash, but regular sellers who ...
Birmingham Mail10d
Lloyds Bank issues HMRC tax demand warning to millions who have an ISA
Lloyds has issued a warning over ISA allowances - because nearly a quarter think all savings are tax free. In a new study, Lloyds found 24% of people think all their savings are tax free ...
HMRC warning for millions of state pensioners who have £597 to their name
Under Rachel Reeves' plans from April, the state pension is set to rise, while the personal allowance remains the same, meaning more pensioners will be pushed above the threshold to pay taxes.