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

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

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

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 ...

I was told to follow my passion, to hustle, to say yes to everything. But it was never enough to save any money ...

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 ...

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

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

A petition on the Labour Party Parliament website has urged the government to consider doubling the allowance given to ...

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