I then received a tax demand from HMRC for the interest accrued in the 2023/24 tax year, even though the bond is not due to mature until later. In my case, it means paying out £1,300 years ...
HMRC is handing out fines of up to £360 to households across the UK who failed to meet their self-assessment tax deadline on Friday. Each year, millions of people who are self-employed, made ...
A customer contacted HMRC with a query about ISAs, wondering if it was possible to open three in the same financial year - and the tax authority issued a helpful response By Nicholas Dawson ...
For the first time, online platforms such as eBay and Vinted must tell HMRC about sales information from people selling 30 items or more or who earned at least £1,700. The authority will assess ...
However, around 12 million people have to sort their own taxes out, by filling in a Self Assessment form for HM Revenue and Customs (HMRC). Contrary to popular belief, this isn't just for self ...