HM Revenue & Customs (HMRC) is set to increase Child Benefit payments for parents with children born after 2010. For the tax year ending 5 April 2027, the Child Benefit rate will rise to £27.05 per week for the first or only …
HM Revenue and Customs (HMRC) has started sending letters to households with incomes over £50,000 to inform them about significant upcoming changes to tax filing requirements. These changes relate to the introduction of …
HMRC is implementing a new point-based penalty system for late submission and payment of income tax, coinciding with the rollout of Making Tax Digital (MTD) for income tax. Under the updated system, taxpayers who file their …
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 …
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 …
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 anyone …
HMRC has begun issuing automatic fines to UK households that failed to submit their self-assessment tax returns by the January 31 deadline—a move expected to generate more than £100 million in penalties. Charlene Young, …
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 …
Individuals earning £50,270 or more are being urged to review their eligibility and claim pension tax relief from HMRC, as many higher-rate taxpayers failed to take advantage of this valuable perk last year. Currently, …
Starting Sunday, HM Revenue and Customs (HMRC) will begin issuing £100 fines to UK households that have missed the January 31 deadline for submitting their tax returns. The tax authority has repeatedly urged taxpayers and …
Most pensioners have now received their Winter Fuel Payments for this year, designed to help keep homes warm during the coldest months. These payments are typically worth either £200 or £300, depending on eligibility. The …
As the January 31 self-assessment tax return deadline approaches, West Mercia Police have issued a stern warning about an increase in scams targeting self-employed individuals. Fraudsters are impersonating HM Revenue and …
Thousands of UK companies are at risk of collapse as HM Revenue & Customs (HMRC) intensifies efforts to collect £27 billion in overdue taxes. A recent report from Begbies Traynor reveals that 68,000 companies are currently in …
HM Revenue and Customs (HMRC) has issued a crucial reminder for millions of UK taxpayers to submit their Self Assessment tax returns before the January 31, 2026 deadline. With just one week remaining, those who delay risk …
HM Revenue and Customs (HMRC) is overhauling its approach to late self-assessment tax returns, replacing automatic fines with a new penalty points system. This change is set to begin this month with a trial involving 100 …