Renters are being warned about a growing rental fraud in which scammers demand upfront fees for properties that either don’t exist or have already been let. West Mercia Police have highlighted that this deception is …
Analysis reveals that millions of pensioners could miss out on a government-announced tax exemption meant to protect retirees from new HMRC tax bills. Despite promises to ease the burden, fewer than one million pensioners are …
HM Revenue & Customs (HMRC) has announced a phased rollout of its Making Tax Digital (MTD) for Income Tax initiative, set to affect self-employed individuals and landlords earning above certain thresholds. Starting April …
HM Revenue and Customs (HMRC) has introduced a significant update to the mileage allowance for employees and self-employed individuals using their personal vehicles for work purposes. The mileage rate has been increased from …
Many savers are being hit with unjust tax bills running into thousands of pounds due to errors by HM Revenue & Customs (HMRC). Recent reports reveal that HMRC is mistakenly clawing back tax on savings interest that either …
From 2027 onwards, all pensioners aged over 75 will be excluded from a valuable HMRC personal tax-free allowance perk, exposing many to unexpected tax bills. Chancellor Rachel Reeves has confirmed that individuals relying …
HM Revenue & Customs (HMRC) has confirmed the existence of a £1 “cliff edge” rule that risks leaving some state pensioners exposed to significant tax bills. This development raises concerns about potential financial hardship …
The International Monetary Fund (IMF) has advised Labour Party Chancellor Rachel Reeves to abandon the current triple lock pension policy and formulate contingency tax plans aimed at reducing public debt relative to GDP. The …
HM Revenue and Customs (HMRC) is calling on UK parents to claim the Child Benefit they may be owed, as new data reveals that more than 30% of new parents are missing out on payments by not applying within their baby’s first …
HMRC is rolling out a significant update on Monday, May 18, 2026, introducing a new digital registration system for tax advisers. This initiative is designed to help organisations determine whether they need to register under …
The annual £3,000 allowance enabling individuals to gift money free of inheritance tax has effectively plummeted in value by 78% since its introduction in 1981, a private wealth law firm has warned. TWM Solicitors, a …
HM Revenue & Customs (HMRC) has unveiled the updated road fuel scale charges that will apply from May 1, 2026, through April 30, 2027. These charges are intended to capture VAT on fuel purchased by businesses but used for …
HM Revenue & Customs (HMRC) is poised to charge over two million UK households an average of £2,300 in tax on their savings, according to recent data. A Freedom of Information request has revealed that the number of people …
HM Revenue and Customs (HMRC) has embarked on an ambitious 10-year journey to enhance its operations by signing a £175 million deal with UK-based technology company Quantexa. This landmark agreement seeks to harness …
Over 1.7 million state pensioners in the UK may have been overcharged on their taxes due to a significant mistake by HM Revenue and Customs (HMRC). Typically, retirees whose income comes solely from the State Pension, …