Thousands of workers could face an extra bill from April under a major shake-up of the self-assessment tax system. Making Tax ...
HUNDREDS of thousands of workers could be hit with extra charges under an HMRC shake-up from April. Self-employed workers and ...
HM Revenue and Customs (HMRC) have confirmed some 8.6 million people have submitted their Self Assessment for the 2024/25 ...
However, compliance expert, Qdos, has said the bigger watch out is the interest charged by HMRC on late tax payments – which ...
HMRC apologises after glitch shuts helplines ahead of self-assessment deadline - The revenue body said a short-lived ...
There are also additional penalties for paying late. Penalties will be charged at 5% of the tax unpaid at 30 days, 6 months and 12 months. If tax remains unpaid after the deadline, interest will also ...
Fines will only increase after the deadline date ...
HMRC will replace for some taxpayers who miss self-assessment deadlines with a penalty points system. The points system, ...
Millions of taxpayers are paying too much income tax when they file their self-assessment returns, new figures show. Here’s ...
For the first time, HMRC’s phone lines will stay closed over deadline weekend. HMRC said that anyone who still needs help on 31 January will need to use webchat through its Online Services Helpdesk.
HMRC could slap a fine and interest on top to anyone who fails to hand in their self-assessment tax return for its £10,000 ...
HMRC will offer webchat support through its Online Services Helpdesk ...