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A significant shift is underway for sole traders and landlords in the UK as HM Revenue and Customs (HMRC) introduces new rules that will require them to use Making Tax Digital (MTD) for Income Tax.
HM Revenue and Customs has begun issuing P800 letters to around four million UK households who have overpaid income tax.
The proportion of pensioners who are likely to have to pay income tax on their retirement income this year has been estimated ...
The proportion of pensioners who are likely to have to pay income tax on their retirement income this year has been estimated ...
HM Revenue and Customs has begun distributing P800 letters to around four million UK households who have overpaid income tax.
Helen Morrissey, who leads retirement analysis at Hargreaves Lansdown, has warned that many more retirees will find ...
The amount is reported to be up 57% from the £5.6bn that the UK tax agency believes was underpaid in the previous year ...
Separately, in a press release dated July 10, 2025, issued via mynewsdesk, HMRC announced “Fourteen arrested in phishing ...
The Institute of Chartered Accountants in England and Wales also queried whether HMRC resources could be better spent ...
HM Revenue and Customs will look to identify those who have not been correctly paying tax on their cryptocurrency profits.
The complicated and risky nature of replacing IT suppliers in major government contracts means Fujitsu will be cashing in for years to come.
Some 39.1 million people are projected to be liable for income tax in 2025-26, according to HM Revenue and Customs figures.