Tag: HMRC
HMRC’s New Tax Rule: How to Boost Your Tax-Free Personal Allowance to £18,570 This April?
As the 2026/27 tax year officially commences today, Monday, 6 April 2026, a specific HMRC provision is coming…
Is the 45p Mileage Rate Finally Changing? Millions of UK Workers Await Treasury Update
In a major development for the UK’s "grey fleet" and millions of public service workers, HM Treasury has…
How the HMRC Tax Free Allowance Lets UK Homeowners Earn Up to £20,070 Tax Free?
UK homeowners can legally earn up to £20,070 a year without paying income tax by combining the standard…
New HMRC Rules to Stop Savers Bypassing Lower Cash ISA Limit
From April 2027, savers will face stricter rules designed to prevent them from sidestepping the new reduced cash…
HMRC Hits LISA Savers with £789 Average Penalty for Breaking Cash Withdrawal Rules
Savers using a Continuance ISA( LISA) have been advised to tread carefully after HM Revenue and Customs (HMRC)…
HMRC Back Payments for Child Benefit Claimants May Be Due This Month
Thousands of parents across the UK could soon receive back payments from HM Revenue and Customs (HMRC) after…
HMRC poised to hand £377 tax bill to millions after Autumn Budget
The Treasury’s coffers could soon get a major boost, at the expense of the nation’s pay packets. HMRC…
ONS Revises UK Borrowing Down by £2bn After VAT Error
The Office for National Statistics( ONS) has trimmed its estimate of the UK’s borrowing for the current fiscal…
HMRC Adds Barrister to Tax Avoidance Promoters List
HMRC Names Barrister Setu Kamal as Tax Avoidance Promoter In a landmark move, HM Revenue and Customs (HMRC)…
New HMRC Power Could Let Taxman Empty Your Bank Account – Even Your ISA
In a dramatic shift that’s raising eyebrows across the UK, HMRC could soon begin withdrawing money directly from…
HMRC Urged to Revise Pension Inheritance Tax Rules
HMRC Under Pressure to Update Pension Inheritance Tax Rules HMRC has been prompted to rethink the corridor of…
HMRC Warns: Child Benefit Worth £1,300 Could Be Lost
Thousands of parents across the UK are waking up to bad news this week. Those who failed to…