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

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

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

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 ...

Accounting practice UHY Hacker Young said it does not expect HMRC to soften its approach to late filing and payment.

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

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.

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 ...

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