HMRC Waives £100 Late-Filing Fines for Hundreds Who Filed Just Before Year-End Tuesday, January 6, 2026 hmrc tax selfassessment penalties deadline taxreturns finance latefiling savings taxpayers HM Revenue and Customs (HMRC) has confirmed that it will waive the £100 late-filing penalty for hundreds of taxpayers who submitted their self-assessment tax returns in the final hour of 2025. According to HMRC data, 342 … Read More
UK Households Face 'Brutal' HMRC Tax Bills as January Deadline Looms Monday, January 5, 2026 hmrc selfassessment taxbills paymentsonaccount selfemployed taxdeadline nationalinsurance budgeting finance ukeconomy As the festive season fades into the past, thousands of UK households, especially self-employed workers, are preparing for what experts are calling “brutal” tax bills landing imminently from HM Revenue & … Read More
HMRC Raises Rent a Room Tax-Free Allowance to £7,500 Sunday, January 4, 2026 hmrc rentaroom taxallowance rentalincome taxrelief personalallowance selfassessment mortgage landlord taxreturn HMRC has increased the Rent a Room tax-free personal allowance, allowing some households to earn up to £7,500 annually in rental income without paying tax. This scheme applies when renting out a furnished room or part of your … Read More
HMRC Boosts Personal Tax-Free Allowance to £27,070 Using Three Key Benefits Sunday, January 4, 2026 hmrc taxallowance rentaroom childcare savingsallowance taxrelief personalallowance taxfree income finance HM Revenue & Customs (HMRC) is effectively raising individuals' personal tax-free allowance to an impressive £27,070 by utilising three valuable tax relief opportunities. Financial experts at AJ Bell have outlined how … Read More
Parents Losing £2,000 Due to Complex HMRC Tax-Free Childcare Rules Wednesday, December 31, 2025 taxfreechildcare hmrc childcare savings parents financialsupport government workforce familyfinance policy Many parents are unknowingly losing out on as much as £2,000 each year because of the complicated tax-free childcare system administered by HMRC. Despite offering families significant financial relief, the scheme remains … Read More
HMRC Warns UK Taxpayers of Strict Deadlines and Penalties for Late Self-Assessment Returns Monday, December 29, 2025 hmrc taxreturns penalties selfassessment deadline scams taxfiling childbenefit taxamendments uktax HM Revenue & Customs (HMRC) has issued a stern warning to UK taxpayers about looming deadlines for submitting self-assessment tax returns. The final date to file your online tax return for this period is January 31, 2026. … Read More