HMRC is sending letters to "any" worker who has savings, UK households have been warned. Hundreds of thousands of savers are set to be hit with a surprise tax bill this spring as HMRC sends out ...

HMRC will no longer ask hundreds of thousands of people with side hustles to file a tax return under new plans unveiled this week. The tax office will raise the reporting threshold for trading ...

Up to 300,000 people earning extra income - in what is known as a ‘side hustle’ - may be given an escape from the administrative burden of self-assessment. The government has announced reforms ...

With only a few weeks remaining before the dawn of a new tax year, HM Revenue and Customs (HMRC) is gearing up to modify the tax codes for potentially thousands or even millions of employees.

HM Revenues and Customs (HMRC) has urged people to check their payslips for warning signs of tax avoidance. The Government authority explained that, while it may seem difficult to detect ...

There are just weeks to go until a new tax year begins and with it HMRC will take the opportunity to adjust the tax codes of thousands, possibly millions, of workers. The new tax year begins on ...

A significant tax overhaul is set to benefit hundreds of thousands of side hustlers, including Vinted sellers, drivers, and dog walkers, by freeing them from the burden of filing tax returns.

A staggering five million workers are now subjected to a higher rate of income tax due to HMRC's "policy", as experts have flagged concerns. The number of individuals across the UK who fall into ...

UK residents who have managed to save more than £3,500 could soon face a substantial tax bill, according to reports. The Express has reported that HMRC can 'automatically detect' interest on ...

The income self tax assessment reporting threshold for trading income is set to increase from £1,000 to £3,000 gross by 2029. Announced in a speech by tax minister James Murray yesterday (March ...

Furthermore, you might be on an incorrect tax code if HMRC has inaccurate information about your income, or if there are changes in your job. The most common tax code for the current tax year is ...

Tax avoidance is legal but HMRC has successfully challenged tax avoidance schemes in the courts and workers have subsequently asked to pay the missing tax. In some cases, the tax demands have been ...