HMRC has extended its phone line availability today, which is the exact deadline day for self-assessment applications. Every ...
Those who fail to pay their bill by the deadline will also face separate penalties. HMRC can add charges of 5% of any unpaid tax after 30 days, six months and 12 months, as well as interest on the ...
HMRC started rolling out the new penalty points system in January.
Accounting practice UHY Hacker Young said it does not expect HMRC to soften its approach to late filing and payment.
However, compliance expert, Qdos, has said the bigger watch out is the interest charged by HMRC on late tax payments – which ...
The UK's tax authority says 27,456 people filed in the final hour before the cut-off at the end of Saturday.
The self-assessment deadline for 2024-25 tax returns has passed. Of the 12.1 million customers expected to file this year, ...
New HMRC figures show that around one million people missed the 31 January deadline, instantly triggering fines and setting ...
HMRC has put a block on allowing taxpayers to use the phone to try and request self-assessment repayments due to an “increase in suspected fraudulent activity”, The i Paper has learnt. Taxpayers now ...
Millions of taxpayers are paying too much income tax when they file their self-assessment returns, new figures show. Here’s ...
HMRC has issued a warning to anyone who fails to pay their tax before January 31, along with a full list of the eye-watering fines which will be owed by taxpayers which could add up to £1,600 or more ...
"Anyone saving into a personal pension or other ‘relief at source’ scheme can get higher rate relief – but only if they claim ...