HMRC says up to 300,000 people, including those with side hustles, will no longer need to file a Self-Assessment tax return.
From April 2025, state pension payments will increase by 4.1 per cent, marking the start of the 2025/2026 tax year. As a result, the full new state pension will be raised from £221.20 to £230.25 per ...
With the end of the financial year looming, Brits are being warned to check HMRC rules, as a ‘significant’ number of savers could end up with hefty tax bills due to rising interest rates.
However, HMRC emphasised that if anyone believes this split should be different, they are advised to contact HMRC directly. Those who complete a Self Assessment tax return must report any interest ...
The best self-tanners are easy to apply—without rubbing off on clothing or sheets—and leave skin with an even, natural-looking glow. After extensive testing, we determined that the St. Tropez ...
Not registering with HMRC and failing to fill in a self-assessment form can result in an automatic fine of £100, even if not tax is actually due. Furthermore, if you haven't paid that after three ...
The individual reached out to HMRC via social media, asking: "It's now been over 5 weeks since I requested self-assessment tax repayment. Site says aim is 2 weeks but can take up to 4?" ...
There are often detailed forms to fill in ... child changes their gender - HMRC will usually be told automatically if your child gets a Gender Recognition Certificate to change their gender.
HMRC is urging individuals to see if they could enhance their state pension by making voluntary national insurance (NI) contributions before the 5 April 2025 deadline. The state pension underwent ...
One important factor that’s often forgotten is tax – while students get special tax treatment in some instances, you’ll have to pay the same as everyone else in others. Here, Telegraph Money explains ...
I wondered what other members thoughts are on a recent campaign launched by HMRC targeting more modern forms of trading/self-employment - "Side hustles" if you will but I personally loathe this term.
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