Many of us fill in a self-assessment tax return for income above the £12,570 personal allowance. So why are some people not required to do this?
HMRC launches its new Simple Assessment for tax this month. But as you might expect, the new system is anything but simple. If you didn't have it marked in your diary, HM Revenue & Customs (HMRC) ...
There has been an increase in the number of people receiving end year tax demands from HM Revenue & Customs, according to a Freedom of Information (FOI) request. The FOI, by LCP partner Steve Webb, ...
Hundreds of thousands of workers and pensioners are being hit with surprise tax demands for what critics describe as “trivial” sums. HMRC issued a record 1.32 million simple assessments in the 2023–24 ...