This is shaping up to be the year when regulators and industry bodies put out guidance on how people should use artificial ...

The fines are being sent out to people who failed to complete the paperwork, with warnings interest can grow on top ...

The number of investigations into underpaid Inheritance Tax (IHT) rose from 3,793 to 3,977 over the course of last year.

Despite the change, taxpayers will still only need to pay tax once or twice a year, in line with current arrangements ...

There is an automatic £100 penalty for anyone who failed to meet the HMRC tax deadline but there could be further charges if ...

UK pensioners have welcomed clarity on HMRC personal allowance rules, after the government confirmed that retirees whose only income is the ...

The £100m figure is likely to further increase as late filers will also face daily penalties and interest charges in February.

Making Tax Digital has been talked about and advertised for years, and while it finally comes into force in three months time ...

New HMRC figures show that around one million people missed the 31 January deadline, instantly triggering fines and setting many up for further penalties in the weeks ahead.

Millions of people across the UK face paying more tax than necessary by simply failing to take advantage of key allowances ...

The introduction of Making Tax Digital for income tax (MTD IT) from April 2026 brings with it completely new penalty regimes for late filing and late ...