News

Accidentally making a false claim related to your work expenses could land you in hot water, potentially owing thousands of pounds to HM Revenue and Customs (HMRC). The government body is on a ...
A HMRC warning has been issued - as making one simple work claim could leave you owing thousands. HMRC has shared hypothetical stories with UK households as part of its 'Don't Get Caught Out ...
HMRC has announced a major change to its Help to Save account, meaning 550,000 more people will be eligible for a potential £1,200 boost. The government's Help to Save account gives people a 50% ...
HMRC is urging thousands of parents to make sure they're not missing out on tax-free childcare worth up to £2,000 a year. Tax-free childcare is a scheme where you receive a cash top-up from the ...
A significant HMRC error has prevented thousands of Brits from enhancing their state pension ahead of a 'critical' deadline. Over the past few months, workers ...
HM Revenue and Customs (HMRC) has recently revealed that nearly 400,000 letters (specifically 370,018) have been sent out to older people, mainly women. These letters encourage the recipients to ...
In an effort to cut the UK’s ‘tax gap’ by targeting large firms and wealthy individuals, HM Revenue and Customs (HMRC) has boosted the cash rewards available to Brits who report fraudsters.
HMRC has outlined some crucial dates for when it issues payments to ISA savers. Those with a Lifetime ISA (LISA) receive a 25% Government bonus on any deposits they make, meaning if you save the ...
In a new post on X, HM Revenue and Customs (HMRC) wrote: “Parents! You could be missing out on cash. The threshold to start paying the High Income Child Benefit Charge has increased to £60,000.
The scheme is set to automatically distribute £70-a-year payments to eligible individuals identified by the HMRC without the need for an application; however, recipients must verify their bank ...
HMRC has announced a 'significant' change to the tax system for certain people earning over £50,000. From next year, sole traders and landlords with qualifying income over £50,000 will be ...
HM Revenue and Customs (HMRC) has announced an expansion of its Help to Save scheme, which was originally set to end in April 2025 but has now been extended by two years to April 2027. Previously ...