HMRC Introduces Points-Based Penalty System, Scraps Immediate £200 Fines for UK Taxpayers Friday, February 20, 2026 hmrc tax penalties makingtaxdigital incometax selfassessment pointssystem fines compliance uk HM Revenue and Customs (HMRC) has revamped its penalty system under the Making Tax Digital for Income Tax initiative, moving away from immediate £200 fines for missed deadlines. Instead, the new approach uses a points-based … Read More
Rachel Reeves Warns Millions of State Pensioners Will Lose Up to £33 a Month Wednesday, February 18, 2026 pensions winterfuel payments dwp tax hmrc retirees meanstest income clawback The Department for Work and Pensions (DWP) has confirmed the method for reclaiming Winter Fuel Payments from certain state pensioners. Under the new scheme, retirees with incomes exceeding £35,000 will have to repay part or … Read More
Rachel Reeves Issues Warning on Tax Pressure for Earners Above £35,000 Saturday, February 14, 2026 tax fiscaldrag income labour chancellor earnings threshold payroll promotion rate Households across the UK are increasingly at risk of paying higher tax bills due to Rachel Reeves’ decision to keep income tax bands frozen for the foreseeable future. This move means that as wages rise, more individuals will … Read More
One Million Taxpayers Face £900 HMRC Fine for Missing Self Assessment Deadline Wednesday, February 11, 2026 hmrc selfassessment tax fines deadline penalties taxreturns interest latefiling taxpayer HM Revenue & Customs (HMRC) has issued a stern warning: one million taxpayers could face fines totaling up to £900 for missing the Self Assessment tax return deadline. January 31, 2026, marked the crucial cut-off, and … Read More
Diesel Drivers Face Up to 86p Per Litre in Tax as New EV Mileage Charge Looms Tuesday, February 10, 2026 diesel tax ev mileage ved fuel government roadmaintenance labour transport Diesel drivers in the UK could soon be paying an eye-watering 86 pence per litre in taxes under new government tax policies alongside already high fuel duties. As the Labour Party government prepares to introduce the Electric … Read More
HMRC Issues Automatic £100 Fines to One Million UK Households for Late Tax Returns Wednesday, February 4, 2026 hmrc tax selfassessment fines penalties deadline uktax payers interest paymentplans HM Revenue and Customs (HMRC) has imposed automatic £100 fines on approximately one million UK households this week after they failed to meet the January 31 deadline for submitting their self-assessment tax returns. Each … Read More